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March 07, 2007

Comments

While the entrepreneurs in question were a little too obvious about it, far too many VCs enjoy being able to "help" startups refine their business plan. I've seen many examples of more sophisticated entrepreneurs being able to strike just the right balance of pushback and suckup.

Ha! you need a filter before these kind of guys get to you!

Ha, it’s like getting directions from someone who tells you about a 'short cut' that ends up taking five times longer. As I wrote recently in a posting:

"The day you start to do product development based on what the last potential investor said to you is the day you need to take a step back and remember why you created your invention in the first place"

:-)

beware of backseat drivers in board meetings. there needs to be a manual for entrepreneurs on how to deal with monologuing board members.

Do you think VCs can teach entrepreneurs focus?

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