<story><title>BVP Anti-Portfolio</title><url>http://www.bvp.com/portfolio/antiportfolio.aspx</url><text></text></story><parent_chain></parent_chain><comment><author>msy</author><text>That&apos;s some incredibly refreshing brutal honesty, makes me incalculably more tempted to invest with them than the usual 30 pages of financial-marketing bumph about said firms unblemished perfection, mathematically perfect risk system and strangely graphed double-digit alpha.</text></comment>
<story><title>BVP Anti-Portfolio</title><url>http://www.bvp.com/portfolio/antiportfolio.aspx</url><text></text></story><parent_chain></parent_chain><comment><author>rfrey</author><text>&quot;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.&quot;&lt;p&gt;Besides showing a fantastic human side of their firm, a post like this should be raw encouragement to entrepreneurs who, despite their bottomless well of optimism, once in a while get &quot;no&quot; fatigue.</text></comment>