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The most dangerous case of all is for a startup to seem borderline promising when they have less than 6 months of money left. At that point you should assume you have to become profitable on the money you have left, or die.
You can't figure out whether you're better than borderline promising from investors' reactions. If you're borderline promising, investors will still want to continue the conversation, and will seem encouraging. You have to use your own judgment, or ask an unbiased third party.
Or just ask one of the YC partners. Or you
Given what you said above, you should know you're borderline promising because you don't get an immediate yes or no.
I think what Paul G is talking about is the case where you are pitching a set of investors for the first time, though not necessarily your first round. So those investors are not there to be encouraging or be active, they are there to make an investment decision.
From hard experience, continuing to engage but not investing for an extended period is a reasonably strong sign of ‘bordelineyness’.
Is this growth better than borderline promising? (log scale) It's thanks to arc. https://www.laarc.io/ pic.twitter.com/rRFTdaRFQ9
The graph is the right shape but the absolute numbers are still low.
"borderline promising/unpromising" can be a case of miscommunication. We building a startup it's sometimes very hard to put it in simple words. Make sure you get 30min of the investor's attention and iterate on the message until it takes you only 30 sec to explain
The best thing to do in that case is: 1. Cese de usurpación. 2. Gobierno de transición 3. Elecciones libres.
the hard part as a founder is knowing that a vc has no incentive to be transparent with you, and they are more likely to be falsely positive because it serves them, and not being able to do anything about it. it’s on area where founder optimism isn’t helpful
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