Decoding the secret language of VCs

11/10/2013 | Business Insider

Venture capitalists are accustomed to bending the truth when they talk with startup founders, writes William Hsu, co-founder of MuckerLab. So, when VCs say they want to wait to invest, what they really mean is that they don't have any confidence in your idea. Likewise, Hsu adds, if an investor says that you lack a business model, that may simply mean that he or she doesn't understand your startup.

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