Entrepreneur Statements to Venture Capitalists (What They Say vs What They Mean)
- Most of our funding is in place. (We’re waiting for our other contacts to “get back to us”.)
- Our CEO has a solid record. (He’s done time.)
- We have a “first mover” advantage. (We have 65% market share … in Bangledesh.)
- We’ve got a solid lock on the technology. (We only have to figure out how to get the string off the anti-gravity unit.)
- We’re “lean and mean”. (I only leased the Porche Boxter, and my brothers are working for shares.)
via ABC’s of Small Business where you’ll find 5 more of these statements.
Photo by swanksalot.
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