Brad Feld: Don't make me say 'No' twice

When maybe means no, and no means absolutely not! What's worse than getting rejected? It's being rejected by the same investor, over and over and over again. So, don't make them have to say no more than once. "Most entrepreneurs, when they hear that [rejection], they try to press on... and keep coming back for more," said Brad Feld, an early stage investor and co-founder of Foundry Group and Mobius Venture Capital. Indeed, entrepreneurs in Silicon Valley should already know that "maybe" means "no." So, a "no" definitely means "absolutely not." Now, Brad's a nice guy. So, feel free to ask him for a reason why he's rejected your plan. But don't go on beyond that. For the most part, there's no real in-depth reason beyond lack of chemistry ... [ Read more ]

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Vator TV | October 9, 2008

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