What’s the best way to deal with competitors?

Fred Wilson (Co-Founder and Partner at Union Square Ventures)
Messing With A Competitor’s Fundraising – AVC

When I get a phone call from a company telling me that they are going to raise more money and we should think about investing in them instead or at least not investing in their competitor, I hear fear and it makes me more excited about investing in the competitor. If you can’t win in the market on the merits and have to turn to messing with a competitor’s fundraising, what does that tell you about the defensibility and differentiation of a compan… (read more)

Fred Wilson (Co-Founder and Partner at Union Square Ventures)
Messing With A Competitor’s Fundraising – AVC

Don’t waste your time trying to mess with a competitor’s financing. It doesn’t look good, it won’t work, and your time and energy is best spent elsewhere, where the real competition happens, product and market.