and i'd argue that the majority of vcs we syndicate deals with leverage themselves as much as possible to add value. good companies generally have their choice as to which money to accept. value add is key...
before you make assumptions i'd check facts and/or inquire. our first fund was all of our own capital. we took 100% of the risk. didn't take ANY salary let alone a "cushy one" as for our added value, feel free to reach out to ANY of the founders we've invested in.
jonathon from ludlow ventures again... i apologize if any of the language is misleading. our goal is to be as transparent as possible. in fact, we will be posting the actual note soon... this way everyone knows what's being offered.
hey.. jonathon from Ludlow Ventures here. no local bias in the event. we're certainly excited to have the event in detroit, but the best company will win regardless of where they are from/located.