Comments on: 10 Lies VC’s Know You Are Telling http://www.jdsblog.com/2007/02/23/10-lies-vcs-know-you-are-telling/ Empower Ideas Tue, 03 Aug 2010 15:57:38 +0000 hourly 1 http://wordpress.org/?v=3.0 By: Empresas Peruanas http://www.jdsblog.com/2007/02/23/10-lies-vcs-know-you-are-telling/comment-page-1/#comment-6831 Empresas Peruanas Tue, 27 Feb 2007 13:55:09 +0000 http://www.jdsblog.com/2007/02/23/10-lies-vcs-know-you-are-telling/#comment-6831 Ok, so basically it's because they are under the assumption you'll *only* go for that 1% and not the whole thing, right? The thing is, (IMO) I'd prefer someone who was honest to say he places his target goal at 1%, (which later on can be raised), versus someone who offers me that he'll get me 20-50 or even 100% market share with his widget/enterprise/project. Of course my guess is it all depends on how he pitches it... ;) Ok, so basically it’s because they are under the assumption you’ll *only* go for that 1% and not the whole thing, right? The thing is, (IMO) I’d prefer someone who was honest to say he places his target goal at 1%, (which later on can be raised), versus someone who offers me that he’ll get me 20-50 or even 100% market share with his widget/enterprise/project. Of course my guess is it all depends on how he pitches it… ;)

]]> By: Jason Drohn http://www.jdsblog.com/2007/02/23/10-lies-vcs-know-you-are-telling/comment-page-1/#comment-6827 Jason Drohn Tue, 27 Feb 2007 10:54:22 +0000 http://www.jdsblog.com/2007/02/23/10-lies-vcs-know-you-are-telling/#comment-6827 Hi Empresas, Number 10 doesn't work for two reasons, really. First a VC will think that after you get one percent of the market you will be satisfied when you should be increasing that market share. And secondly, VC's will think that you were too lazy to do your research thoroughly. For example, say I was to release a blogging widget. I approach a VC saying I only needed 1% of the blogospere to include my widget on their blog to be successful. That VC will assume I 'only want 1% of the market.' I hope that helps a bit :0) Hi Empresas,

Number 10 doesn’t work for two reasons, really. First a VC will think that after you get one percent of the market you will be satisfied when you should be increasing that market share. And secondly, VC’s will think that you were too lazy to do your research thoroughly.

For example, say I was to release a blogging widget. I approach a VC saying I only needed 1% of the blogospere to include my widget on their blog to be successful. That VC will assume I ‘only want 1% of the market.’

I hope that helps a bit :0)

]]> By: Empresas Peruanas http://www.jdsblog.com/2007/02/23/10-lies-vcs-know-you-are-telling/comment-page-1/#comment-6806 Empresas Peruanas Tue, 27 Feb 2007 03:25:05 +0000 http://www.jdsblog.com/2007/02/23/10-lies-vcs-know-you-are-telling/#comment-6806 I'm a bit perplexed by why number 10 doesn't work... can you elaborate a bit on it? Thanks. I’m a bit perplexed by why number 10 doesn’t work… can you elaborate a bit on it? Thanks.

]]> By: Garry Conn http://www.jdsblog.com/2007/02/23/10-lies-vcs-know-you-are-telling/comment-page-1/#comment-6745 Garry Conn Sun, 25 Feb 2007 17:57:05 +0000 http://www.jdsblog.com/2007/02/23/10-lies-vcs-know-you-are-telling/#comment-6745 What advise can you give to people who are seeking investors? <blockquote>There are some things you say to a potential investor, and some things you don’t.</blockquote> We have a few of the things that point people in the direction of what not to say. What advise can you give us if we are in a situation where we need to seek funding? If you could create a little cheat sheet, guide, or reference of things that you want to point out about your project, idea, business. That would be great! Garry What advise can you give to people who are seeking investors?

There are some things you say to a potential investor, and some things you don’t.

We have a few of the things that point people in the direction of what not to say. What advise can you give us if we are in a situation where we need to seek funding? If you could create a little cheat sheet, guide, or reference of things that you want to point out about your project, idea, business. That would be great!

Garry

]]> By: Jason Drohn http://www.jdsblog.com/2007/02/23/10-lies-vcs-know-you-are-telling/comment-page-1/#comment-6699 Jason Drohn Sat, 24 Feb 2007 11:50:05 +0000 http://www.jdsblog.com/2007/02/23/10-lies-vcs-know-you-are-telling/#comment-6699 No problem Guy! Thanks for visiting the site! It is a great topic because your list really does kill a potential investor's thoughts of funding a business.. No problem Guy! Thanks for visiting the site!

It is a great topic because your list really does kill a potential investor’s thoughts of funding a business..

]]> By: Guy Kawasaki http://www.jdsblog.com/2007/02/23/10-lies-vcs-know-you-are-telling/comment-page-1/#comment-6680 Guy Kawasaki Sat, 24 Feb 2007 03:15:17 +0000 http://www.jdsblog.com/2007/02/23/10-lies-vcs-know-you-are-telling/#comment-6680 Thanks for the plug! For even more lies, check this out: http://blog.guykawasaki.com/lies/index.html Guy Thanks for the plug! For even more lies, check this out:

http://blog.guykawasaki.com/lies/index.html

Guy

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