I’ve come to realize that many – most – entrepreneurs suck at reading pitch meetings. Frequently what I hear from a company CEO is completely uncorrelated to what I hear from the
VC they were pitching. In thinking about why this is, the answer is actually relatively straightforward:
VCs are predisposed to give good meetings. AND By being equivocal at the end of a meeting they preserve maximum option value. Read more: click image or title.
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