I just watched interview with Yossi Vardi on Web2Expo in Europe. Interesting and funny as usual.
Yossi Vardi has a long success investments record that made a lot of entrepreneurs request his business and finance assistance. He is an angel, that as far as i know, as of today he mainly invest small amounts of money in early stage Israeli startups.
I heard his investments criterion "Mantra" a couple of times before, and I'm always happy to hear it again. He always says that he invest in the people and not the product, feeling that if the investment will not succeed at least he gave a "scholarship" to yet another entrepreneur. This sounds too naive and imaginary to be true, but I have seen it happen. If Vardi thinks the people in front of him are "good" people he will invest in them.
So I just want to say to Yossi, I'm glad that there are still people out there that are not so cold and calculated, and that good people deserve the chance to follow out their dreams, but what does it say about me if you didn't want to invest in me... :)
Keep it up, you give hope to many young dreamers.
Yossi Vardi on Business Week, and in TC50