VCs are liars. And so am I.
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VCs are liars. And so am I.
1–10 of 102 posts
Re: VCs are liars. And so am I.
#2Feh, just be honest with people. If they get defensive, they get defensive, so what?
I'd love to hear you tell me "I just don't think you have what it takes," as that's just going to pour fuel on my fire and motivate me to work that much harder just to spite you.
I love negative feedback like that... fuck all ya'll, because when I'm running a billion dollar company and rocking up to your shitty office in my Maserati to ask "how's it going?" I'll be laughing to myself at how pathetic and stupid you were to doubt me.
Re: VCs are liars. And so am I.
#3Interesting.
To the author: I'd definitely want the blunt, unvarnished and harsh truth. No joke! The only way to get better is to get the truthful opinion of people that matter.
Re: VCs are liars. And so am I.
#4Yeah... honesty is certainly the best policy here. The people who don't have what it takes will either give up and go onto something else, or cause them to plug the leaks and turn the startup into a successful venture. It's win/win here for the founder I think...
Re: VCs are liars. And so am I.
#5This kind of behavior occurs in all walks of life, e.g. in dating.
It just goes to show how much investment is based on vague impressions. For example, why shouldn't a founder get frustrated with fund-raising, or be desperate for funding, it's not a reflection on the business idea or feasibility.
Re: VCs are liars. And so am I.
#6Feh, just be honest with people. If they get defensive, they get defensive, so what? I'd love to hear you tell me "I just don't think you have what it takes," as that's just going to pour fuel on my fire and motivate me to work that much harder just to spite you. I love negative feedback like that... fuck all ya'll, because when I'm running a billion dollar company and rocking up to your shitty office in my Maserati…
And this is a perfect reason why it'll never happen.
What does the other side gain from telling you the truth and burning bridges like this? Best to give a vague, non-committal reason so there's always a chance they can talk with you again in the future.
Investors (to take one example) are fallible and scared. They're driven by fear, and by greed - fear that they might miss out on the next facebook (it'll go on their public record, usually, because of what you're proposing), and greed at the upsides are if they can get in before others on the next facebook.
Notice I didn't say "before anyone else." That's best, but barring that, you want to be able to get in later because you have a good relationship with the founder. And touchy founders that would be vindictive about being rejected are tough to keep a good relationship with, and most entrepreneurs are emotionally heavily invested in their own startup so it's easy to be touchy and vindictive, so it's "best" as an investor to not upset anyone.
"best" is in quotes because this is a trend that might slowly be changing, in large part because of the pressure from groups like YC.
Re: VCs are liars. And so am I.
#7Feh, just be honest with people. If they get defensive, they get defensive, so what? I'd love to hear you tell me "I just don't think you have what it takes," as that's just going to pour fuel on my fire and motivate me to work that much harder just to spite you. I love negative feedback like that... fuck all ya'll, because when I'm running a billion dollar company and rocking up to your shitty office in my Maserati…
And this is a perfect reason why it'll never happen. What does the other side gain from telling you the truth and burning bridges like this? Best to give a vague, non-committal reason so there's always a chance they can talk with you again in the future. Investors (to take one example) are fallible and scared . They're driven by fear, and by greed - fear that they might miss out on the next facebook (it'll go on thei…
Oh, no, no, no... at least in my case, I certainly didn't mean to imply that I'd take any bridges as having been burned. When I say "fuck ya'll" I mean that in the best possible way... I want to have that chip on my shoulder, I'd take it as them having done me a favor if somebody tells me that they think I can't hack it. I feed off that shit.
Best to give a vague, non-committal reason so there's always a chance they can talk with you again in the future.
I'd talk to the OP again, after I make it bigtime and roll up in the Maserati, with a 6' tall, red-headed supermodel with a Scottish accent on my arm... and I'd say "fuck you, dude" and then buy a round of beers and sit back and laugh about the whole thing.
Of course, that's just me... :-)
Re: VCs are liars. And so am I.
#8Earlier quoted context omitted.
And this is a perfect reason why it'll never happen. What does the other side gain from telling you the truth and burning bridges like this? Best to give a vague, non-committal reason so there's always a chance they can talk with you again in the future. Investors (to take one example) are fallible and scared . They're driven by fear, and by greed - fear that they might miss out on the next facebook (it'll go on thei…
Oh, no, no, no... at least in my case, I certainly didn't mean to imply that I'd take any bridges as having been burned. When I say "fuck ya'll" I mean that in the best possible way... I want to have that chip on my shoulder, I'd take it as them having done me a favor if somebody tells me that they think I can't hack it. I feed off that shit. Best to give a vague, non-committal reason so there's always a chance they…
You write and think like a cocky 13 year old.
Re: VCs are liars. And so am I.
#9Feh, just be honest with people. If they get defensive, they get defensive, so what? I'd love to hear you tell me "I just don't think you have what it takes," as that's just going to pour fuel on my fire and motivate me to work that much harder just to spite you. I love negative feedback like that... fuck all ya'll, because when I'm running a billion dollar company and rocking up to your shitty office in my Maserati…
btw, I love being proven wrong as well.
It gives me incredibly important data. I always reflect on past decisions, good and bad. It helps minimize the bad ones and maximize the good ones.
Re: VCs are liars. And so am I.
#10Feh, just be honest with people. If they get defensive, they get defensive, so what? I'd love to hear you tell me "I just don't think you have what it takes," as that's just going to pour fuel on my fire and motivate me to work that much harder just to spite you. I love negative feedback like that... fuck all ya'll, because when I'm running a billion dollar company and rocking up to your shitty office in my Maserati…
I agree with the honesty part, but if you are basing your self-worth on the ability to roll up on someone in a Maserati...
I'm not much of a Rand guy, but I think Roark's response is the best: "But I don’t think of you."