8 ms·
pg's take: http://news.ycombinator.com/item?id=3550195 http://news.ycombinator.com/item?id=3550195
by stevenj 14y ago
pg's take: http://news.ycombinator.com/item?id=3550195 http://news.ycombinator.com/item?id=3550195
- eladgil 14y agoHa. That is pretty good. There are some steps between "Hi" and "Here is a term sheet" but you can definitely tell if someone is very excited. Unfortunately, it is harder to tell if someone is disinterested as VCs try hard to maintain or preserve relationships for the future, which makes them more cautious in just saying "no" outright. I think the good ones are pretty up front about not being interested early.
- pdog 14y agoHere's what Mr. Graham said: You can translate most of VC-speak with just 2 rules: 1. "Here is a termsheet." -> "Here is a termsheet." 2. * -> "No."