Below are three tweets talking about abhorrent behaviour from European VCs in this time of unprecedented crisis. They were published this week by respected people in the industry, with good intentions, but without naming names.
I understand why, but I think it's important that those practices are investigated and exposed.
My email address is [email protected].
I urge VC's around the world to not squeeze the lemon too much in these difficult time for well performing start-ups.
Down-rounds in these times are an absolute no-go. I have witnessed terrible behaviour from VC's in the last few days.
Need decency amongst VC's.#flatrounds
— Julian Teicke (@julian_teicke) March 19, 2020
Hearing about some horribly exploitative behaviour from VCs in the current environment. By the time this is through we’re going to have a much longer list of people we can’t recommend our founders work with...
— Matt Clifford (@matthewclifford) March 18, 2020
1/ It has taken precisely 3 days from the arrival of Coronavirus in the UK in force for some in the UK VC ecosystem to devise a plan to profit from the crisis.
— Gil Dibner (@gdibner) March 18, 2020