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Yes, an eager investor might interpret that as acceptance. >1. The investor says “I’m in for [offer].” >2. The startup says “Ok, you’re in for [offer].” You'
by jsprogrammer 11y ago
Yes, an eager investor might interpret that as acceptance.
>1. The investor says “I’m in for [offer].”
>2. The startup says “Ok, you’re in for [offer].”
You'll notice that the startup has only repeated back what the investor said, correcting for the inverted subject-verb and adding a customary signal opening. The startup has confirmed receipt of the investor's signal.
>3. The startup sends the investor an email or text message saying “This is to confirm you’re in for [offer].”
The startup confirms receipt on a secondary channel.
>4. The investor replies yes.
Waiting on communication from startup.
- philwelch 11y agoI can see how you interpret it that way, but since this is a published "handshake deal" protocol, I'm not sure that's how it's meant.
- jsprogrammer 11y agoPrecisely why it should be improved.