Not Interested: How to know whether you've actually got an investor on the hook.
This is going to be BIG.
AUGUST 24, 2017
I don't think there's ever a time when I feel more like I'm raining on parades as when founders tell me how interested other VC firms are in investing. I've seen it time and time again where founders, understandably apprehensive about fundraising, read too much into their engagement with investors--especially non-partners at firms. The founders will say things like the following--and then comes my splash of cold water, which is honest, but also makes me feel like the bad guy, or not enthusiastic
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