[jayliew]

Perhaps this is merely a difference in perception. I re-read nirvana's post I originally responded after reading your perception of it, and it comes off defensive and passive aggressive. In particular:

"Thus, given that we've decided your team is not strong enough to be investors in our company we're going to pass." <-- well if the VC's team is not strong enough to be investors, why were you pitching them for money in the first place? Seems to me like if you'd pitching them, then clearly you thought they were good, because you're trying to get something out of them. Therefore, a "you're not good enough for us anyway" response reminds me of the story of the fox and the sour grapes[1].

Perhaps also a difference in perspective, Josh suggested a solution at the end of the post - so to me, it's not justifying lying as it is merely stating that something is broken, and here are some steps to take a stab at solving the problem.

[1] http://en.wikipedia.org/wiki/The_Fox_and_the_Grapes