Two great posts on this lovely day in Boulder, Colorado.  The first is Due Diligence Reveals All - To The VC by Jeff Bussgang at Flybridge Capital Partners.  Jeff explains the three stages to the VC due diligence process and how it works.  The second is Be Careful Who You Deal With by Matt McCall at DFJ Portage.  Matt explains how "as these markets continue their chaotic path downward, people's true colors come out."  Matt has a "life is too short to deal with assholes" rule and explains it clearly.