Monday, August 27, 2007

VC's are insecure pimply adolescents (sometimes)

Here's a funny quote from Xconomy, commenting on VCs:

If your best buddy had a new girl he was dating, you probably wouldn’t say “Oh yeah. I dated that one—I dumped her.” But apparently, when it comes to business, an insecure pimply adolescent still exists in some of us. “Oh yeah. We saw that one—we passed” is a ubiquitous mantra in venture conversations. I always get the feeling that the firm in question may have “seen” the deal only in the sense that they put it on a list somewhere (i.e. he spoke to her in the hallway and she smiled).
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