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what would be even better is to know why they got rejected. as a founder it's always very interesting to hear rationals from smart people (whether they end up being right or wrong).

> In some cases, we were making a conscious act of generosity to another, younger venture firm, down on their luck, who we felt could really use a billion dollars in gains.

What? I never would have thought that firms did this.

And the fact that it's the first of two reasons listed sends the message that it's something they do more than just once in a while.

They're just being facetious. That reason is immediately followed up by:

> In other cases, our partners had already run out of spaces on the year's Schedule D and feared that another entry would require them to attach a separate sheet.

I see. Thanks.

I think that would be a joke.

if BVP are going to reject you, don't worry, you will become multi-billion company in next 10 years, rejected google, fb, intel, ebay, fedex, wow

That is an amazing list of what they passed up on.

Wow, that's quite a prominent list...