Wednesday, February 21, 2007

The You're Not Fooling Anyone Department

10 Lies VCs Know You're Telling
In the quest for capital, many entrepreneurs stretch the truth. One venture capitalist calls them out.
By Guy Kawasaki Entrepreneur Magazine - March 2007

From "our projections are conservative" to "so-and-so are ready to sign us, so you better move fast" or "no one else can do what we do", Guy Kawasaki runs through the standard fare from venture capital seekers. I can imagine the eye-rolling that must go on. I especially liked the advice to entrepreneurs to perhaps plug into Google before traipsing off to a VC, all confident and ignorant of the competitors in the field.

No comments: