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When you first meet a VC, he/she will be trying to assess whether you are looking for a home run, or would be content with an early exit... "how does your compa
by mrchess 15y ago
When you first meet a VC, he/she will be trying to assess whether you are looking for a home run, or would be content with an early exit... "how does your company get to make tens of millions a year" they want to know that you are seriously considering building something big... They are interested in your reaction, your body language, and the fact that you've spent brain cycles on this.
^ I completely agree with this. I've been asked many times "How big will this get?", and being the modest person I am I would reply "I don't know.", because I am a realist and I know things can be hit and miss -- I really didn't know... but I've since learned that modesty doesn't sell. At all. Be ready to answer this question.
- rhizome 15y ago"Hard to say, the business might need to change in order to be successful." http://37signals.com/svn/posts/1805-lets-just-call-plans-what-they-are-guesses http://37signals.com/svn/posts/1805-lets-just-call-plans-wha...