You'd never say "I'm thrilled to see many bids on the house I want to buy. That validates my taste." Why do co's say that a/b competitors?
-
-
This kind of spin is usually seen as naive and/or delusional by experienced investors :)
-
Maybe you're thinking of a more extreme spin than I had in mind. If someone is trying to totally conceal tough competition then yeah, naive.
-
This exchange is commong: VC: "Thoughts on [new formidable competitor]?" Founder: "An exciting development. Really validates our space!!1"
-
Ah yeah thats kind of lame. Founder should use that question to show knowledge of competitor and how they differ, are worse, etc.
End of conversation
New conversation -
Loading seems to be taking a while.
Twitter may be over capacity or experiencing a momentary hiccup. Try again or visit Twitter Status for more information.