Wow what a shitty article. This whole thing is killing pg's first comment in the thread yesterday

Just so everyone understands, I was not saying that Google Ventures is a bad investor and should be avoided. If we thought that, the email would have been a lot shorter. I was just talking about a structural problem that happens when you've already raised some money on a convertible note with a valuation cap, and an investor offers to invest at a lower cap

From an author who obviously read that thread she's completely ignoring what he said with crappy statements like this:

Considering this comes from a man who just asked his portfolio to blacklist an entire venture firm, this might read as a rather contradictory statement.