…this reminds me of something. You can read it here.

“There’s certainly a lot of value in working with agencies, but they don’t seem like logical investors for us,” said Sam Altman, founder and CEO of location-based service Loopt. “We want someone who has a ton of experience building companies and understands what it takes to scale.”

What if the agency going ahead with the venture capital was founded by entrepreneurs that know by experience what it takes to make it fly? Creative meets entrepreneurial experience.

Update: the guys at Young Network have done it already.