Might as well go see a VC about opening a Pizza shop, it makes about as much sense.
The people who are losing to VCs have no leverage, if you have no leverage you will always lose the negotiation.
Food's terrible to boot.
I don't think the founders had any experience with food before doing Tava.
Greed for a huge exit. Fear of being overtaken by a VC funded competitor.
I think it's a legitimate concern.
I'm not sure this theme will survive much longer. It seems no coincidence that the founders of the two most successful YC companies, Dropbox and Airbnb, weren't interested in any "big exit". (Drew remarked on his YC app that he'd find it difficult to turn down a million dollars for 6 months of work, but even that reads like he probably would've passed on such an offer.)
The most promising founders seem not to be interested in exiting.
Rich Miner, head of Google Ventures, financed Cambridge One.