by Deborah Gage
Mayfield On Voxeo: No Regrets
Posted on: November 13, 2009 by Deborah Gage1 Comment »
Mayfield’s David Ladd, who was on Voxeo’s board when the company was struggling to survive in the wake of the dot-com bust (see my previous post), said founder and CEO Jonathan Taylor “has proven to be a true entrepreneur” and deserves all the success he gets.
But Ladd also has no regrets about cutting Mayfield’s losses and exiting the company when he did, five years ago. Mayfield turned over its interest to Taylor for $1, Ladd said, after investing, along with Crosspoint, around $38 million.
“We could have been mean VCs — we could have kept our ownership and said ‘Too bad, good luck,’” he said.
