11 Unlucky VCs Who Missed Billion Dollar Investment Opportunities
By
siliconindia | Monday, 28 May 2012, 04:10 Hrs
3. Ron Conway
Missed Funding in: Salesforce.com and Pandora
Ron Conway from SV Angel turned down Pandora because he was bored of music sites and Sales force because he felt that the valuation was too high. “We turned down Pandora because; I was fatigued with music at the time. It had been six years since we invested in Napster. And we passed on Salesforce because the $30 million valuation seemed too high at the time,” Says Ron.