Did you get a Yes or No from the VC?
Did you just pitch to a VC and you think you heard a Yes? Are you sure?
Just read Guy Kawasaki’s “The Top Ten Lies of Venture Capitalists” and out of that list, three items are lies you hear when a VC is telling you they will not invest:
- “I liked your company, but my partners didn’t.”
- “If you get a lead, we will follow.”
- “Show us some traction, and we’ll invest.”
See his post for complete details.