The investment committee rejected you; what does that actually mean?
David Teten VC
JANUARY 2, 2019
One of the most common ways a venture capitalist rejects you is a variation of, “I love you, I love your company. I brought it up to the investment committee (“IC”)… but they turned it down.” What does that actually mean? Is this the business equivalent of telling a flame, “ It’s not you, it’s me ”? A few years ago I published a research paper on how private equity and venture capital firms originate investments.
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