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This sounds like your fault rather than theirs. You have VCs who are inviting you to pitch your company to them, you are accepting their offer and then getting
by bobbyi 18y ago
This sounds like your fault rather than theirs. You have VCs who are inviting you to pitch your company to them, you are accepting their offer and then getting upset that they actually expect you to pitch them.
The point of an intro call is that you tell them what you are up to and they tell you what their firm is about. If you aren't interested in hearing about their firm and and you don't want to explain to them what you are up to, then don't waste their time and yours with the phone call.
- fallentimes 18y agoBut it's the other way around. This isn't the typical startup hustling for VCs intros while hoping to get funding. Wufoo is profitable and growing. And Wufoo is in the very fortunate position of having VCs sell them on the idea of taking money. So far, the VCs appear to be doing a piss poor job of it.
- pj 18y agoThere is an impression among VC's that every startup wants their money. We've had calls like this too. We tell them we are building sweat equity and they offer to call next quarter to check on our progress. I suspect the author of the blog post could do more to change the situation into one that is mutually beneficial. Why not just reply to the initial email with a link to a page that has answers to the common VC questions? Let them fill out their spreadsheets from that. Unfortunately for Wufoo, they are losing the opportunity to have a productive conversation by allowing it to repeat itself over and over. If they "know" how the conversation is going to go, it's their responsibility to move it in a different direction.