Now when they don’t say yes/no abruptly and just asks more questions, they are interested and that’s a better gauge
“Yes” means “no”: The language of VCs
41–50 of 217 posts
Re: “Yes” means “no”: The language of VCs
#42Maybe it's my business major background and my skepticism of all these tech companies that have no reasonable business model to make $'s, but unless there is an obvious need for investment like buying a large amount of real estate or machinery, why would you need VC money to build an app after you've already spent several months doing it? It should run on it's own and not need investor money. You shouldn't be focused…
Who is going to tell him/her?
Re: “Yes” means “no”: The language of VCs
#43Re: “Yes” means “no”: The language of VCs
#44Maybe it's my business major background and my skepticism of all these tech companies that have no reasonable business model to make $'s, but unless there is an obvious need for investment like buying a large amount of real estate or machinery, why would you need VC money to build an app after you've already spent several months doing it? It should run on it's own and not need investor money. You shouldn't be focused…
Or, never reach sustainability and eventually go bankrupt - this outcome is actually still good for the founders since they probably walk away with millions in their pockets (from paying themselves seven-figure salaries).
Re: “Yes” means “no”: The language of VCs
#45Oh, I’ve heard many No’s. So many No’s that I will never, ever try to work with VC’s ever again. Fuck them. There’s a very high probability that you won’t need them either. In my case, I just kept going. If you have a good product then you will succeed. With VCs or not!
Re: “Yes” means “no”: The language of VCs
#46Maybe it's my business major background and my skepticism of all these tech companies that have no reasonable business model to make $'s, but unless there is an obvious need for investment like buying a large amount of real estate or machinery, why would you need VC money to build an app after you've already spent several months doing it? It should run on it's own and not need investor money. You shouldn't be focused…
If something is an obvious winner - why handicap it by limiting investment to what it can make on its own?
What if it relies on network effects, or economies of scale?
Re: “Yes” means “no”: The language of VCs
#47Maybe it's my business major background and my skepticism of all these tech companies that have no reasonable business model to make $'s, but unless there is an obvious need for investment like buying a large amount of real estate or machinery, why would you need VC money to build an app after you've already spent several months doing it? It should run on it's own and not need investor money. You shouldn't be focused…
Re: “Yes” means “no”: The language of VCs
#48Maybe it's my business major background and my skepticism of all these tech companies that have no reasonable business model to make $'s, but unless there is an obvious need for investment like buying a large amount of real estate or machinery, why would you need VC money to build an app after you've already spent several months doing it? It should run on it's own and not need investor money. You shouldn't be focused…
Re: “Yes” means “no”: The language of VCs
#49Re: “Yes” means “no”: The language of VCs
#50That is code for: "You aren't going to find anyone who shares your idea of what your valuation should be so we are safe telling you we'll invest if you find a 'lead investor' because that person doesn't exist."
It gets funny/twisted when you do find a lead and go back and now there is some other goal post that is keeping them out of "this round."