3 ms·
Another test is: Would the victim be annoyed if they found you had lied? I doubt a VC would get annoyed at inflated sales forecasts (they know it's part of the
by wisty 17y ago
Another test is: Would the victim be annoyed if they found you had lied? I doubt a VC would get annoyed at inflated sales forecasts (they know it's part of the game), but they would be annoyed if you lied about the feasibility of your project.
- stretchwithme 17y agoI think the best VCs appreciate an entrepreneur who is able to squeeze all possible value from the available facts without resorting to deception. The sharpest people can back up everything they say. Avoid making ridiculous claims and you appear smarter. Lying is often an indicator of laziness and a lack of the right kind of creativity.