David Pescovitz at 10:54 am Wed, May 22, 2013
Nikola Tesla pitches some Silicon Valley venture capitalists. Perfect. (Thanks, Gabe Adiv!)
that’s a very well-done summary of what’s wrong with VCs (at least of some of those i’ve met). the sadly basic lesson (they’d say something like “so-the-takeaway…”) is: novelty, by its very nature, is hard to judge, and requires one’s full attention and time to take it in.
It has to be novel but also following the same trends as everyone else.
Business models are optional, but you can dust off something that was fashionable 10 or 15 years ago and give it a new name.
Agreed. This is the most perfect summary of a VC meeting.
The VC meetings that I’ve attended looked more like this.
Gave me flashbacks.
So people are still saying “deck?” That is so 1970s IBM, like where’s the overhead projector?
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