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<blockquote data-quote="geek" data-source="post: 355"><img src="http://valleywag.com/assets/resources/Picture%20223.jpg" alt="" class="fr-fic fr-dii fr-draggable " data-size="" style="" />So <a href="http://valleywag.com/tech/robert-maynard/" target="_blank">Robert Maynard</a>, the <a href="http://valleywag.com/tech/lifelock/" target="_blank">Lifelock</a> founder forced to resign last week after his bankruptcies and industry ban came to light, did not bamboozle his venture capital backers, after all. The Arizona entrepreneur, says <a href="http://valleywag.com/tech/bessemer/" target="_blank">Bessemer</a>&#039;s forgiving <a href="http://valleywag.com/tech/david-cowan/" target="_blank">David Cowan</a>, in his portfolio company&#039;s defense, was mentally ill. &quot;<a href="http://whohastimeforthis.blogspot.com/2007/06/bessemer-bamboozled.html" target="_blank">Robert suffers from bipolar disease, a serious mental health disorder that invariably leads to impaired thinking and erratic behavior when untreated</a>,&quot; writes Cowan, one of the investors who&#039;ve pumped $14m into Lifelock&#039;s identity-theft business. &quot;Sufferers of bipolar disease commonly have manic episodes that end with dire financial and legal consequences.&quot; Well, that makes it alright, then.<a href="http://feeds.gawker.com/~a/valleywag/full?a=PUU2nk" target="_blank"><img src="http://feeds.gawker.com/~a/valleywag/full?i=PUU2nk" alt="" class="fr-fic fr-dii fr-draggable " data-size="" style="" />&lt;/img&gt;</a><a href="http://valleywag.com/tech/david-cowan/the-sympathetic-venture-capitalist-269780.php" target="_blank">More...</a></blockquote>

[QUOTE="geek, post: 355"] [IMG]http://valleywag.com/assets/resources/Picture%20223.jpg[/IMG]So [URL="http://valleywag.com/tech/robert-maynard/"]Robert Maynard[/URL], the [URL="http://valleywag.com/tech/lifelock/"]Lifelock[/URL] founder forced to resign last week after his bankruptcies and industry ban came to light, did not bamboozle his venture capital backers, after all. The Arizona entrepreneur, says [URL="http://valleywag.com/tech/bessemer/"]Bessemer[/URL]'s forgiving [URL="http://valleywag.com/tech/david-cowan/"]David Cowan[/URL], in his portfolio company's defense, was mentally ill. "[URL="http://whohastimeforthis.blogspot.com/2007/06/bessemer-bamboozled.html"]Robert suffers from bipolar disease, a serious mental health disorder that invariably leads to impaired thinking and erratic behavior when untreated[/URL]," writes Cowan, one of the investors who've pumped $14m into Lifelock's identity-theft business. "Sufferers of bipolar disease commonly have manic episodes that end with dire financial and legal consequences." Well, that makes it alright, then.[URL="http://feeds.gawker.com/~a/valleywag/full?a=PUU2nk"][IMG]http://feeds.gawker.com/~a/valleywag/full?i=PUU2nk[/IMG]</img>[/URL] [url=http://valleywag.com/tech/david-cowan/the-sympathetic-venture-capitalist-269780.php]More...[/url] [/QUOTE]

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