
We may not close every deal I work on at Kleiner Perkins, but it takes one mean sonofabitch to beat us. We first started talking to Fark founder Drew Curtis about funding his little link site in 2003 after their traffic started growing like a weed. Looks like I should have been more aggressive in closing it, because Hugo Chavez Venture Partners beat us to the punch. Hugo funded FARC in a $300 million series A round (for some reason as part of the deal they changed the “k” to a “c”).
One thing you have to understand about Hugo is he knows how to do PR. He told Mike Arrington and Owen Thomas he’d kill them if they wrote about this story (especially if they called it a sign of a “bubble”). Well I’m not afraid to blog whatever the hell I want. One thing I didn’t tell 60 Minutes is that my yacht, The Maltese Falcon, is armed to the teeth with cannons.








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