zlacker

> let alone what you'd expect from a guy you describe him as one of your top 5 founders.

I've been investing since 2007. One of the things I've seen is a founder that managed to sell a company that by rights should have folded, made a bunch of money for himself and for the investors and ended up starting another one which was a much bigger success. I would bet on that guy any day. The assumption when starting a company is that it will fail. A founder that manages to make it to any kind of exit is already exceptional, and depending on the circumstances their performance may inspire further trust or a reduction of that trust. In this case, apparently even though the business did not see the returns originally envisioned Sam came through in ways that inspired those that invested to increase their trust factor.

And having seen a similar case I don't think that is something strange at all. Maybe another CEO would have caused that $30M to evaporate.

>>jacque+(OP)
Thanks, that is insightful and exactly the kind of comment I was hoping for I posted this. It's clear I wasn't giving him enough credit for having a net ~15M win off a company he built.

I haven't started a company nor done angel or VC investing, so I obviously down played that part of things.