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Entrepreneur Statements to Venture Capitalists (What They Say vs What They Mean)

  1. Most of our funding is in place. (We’re waiting for our other contacts to “get back to us”.)
  2. Our CEO has a solid record. (He’s done time.)
  3. We have a “first mover” advantage. (We have 65% market share … in Bangledesh.)
  4. 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.)
  5. 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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