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by cookiecaper
5122 days ago
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Most people should not be told just to give up completely. I'm not sure why the OP wants to focus on "you just don't have what it takes to run a company" instead of "your presentation skills were lacking, rehearse more", or something like that. For many entrepreneurs, the offense is not in "x needs improvement", but "We believe you are too stupid to improve on x". Even if you believe that, why not just say "x needs improvement" and then wait to see if they really are too stupid to improve on x or not? Why does everything the VC thinks, including have to be shared? There is nothing productive about "you're incapable, just give up" or "you're incapable, go deal with someone who gives people less money first and see if that gives you some capability". These are all deflections of the real problem. Why not try "We were concerned that you appeared nervous when asked how your site would handle potential copyright issues" instead of "you just can't do it"? |
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I disagree. For some people, hard as it is to take, this is exactly the right advice. Some people simply aren't cut out for what they're trying to do, and changing tack sooner rather than later is the optimal course of action. Any advice which precipitates that decision is therefore good advice, no matter how hurtful it might be to receive.