It would be better if investors gave no reason when they turned cos down than their usual "it's not you, it's me" reasons.
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I've seen so many otherwise smart founders mistakenly try to adjust their companies after bogus rejections from investors.
Next time you hear "It's a crowded market," or "We're concerned about your low margins," just translate them to "No."
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What about "we don't think the market is large enough."
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Do you think it's meaningful if a lot of investor rejections cite overlapping rejection reasons? E.g. numerous VCs cite low margin concerns.
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I've always wondered why investors don't just say the truth like: "we don't think you can do it" or "we don't like the idea for X reasons"
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Incidentally, this also applies to interviewing
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Applies to dating too...
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I tired few investor they said it's crowded market. Now I am putting my own money. I got rejection from everywhere but I will be successful
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I find the 'too soon' reason to be the worst. Lost a lot of time explaining the ambiguous language of investors and why they don't say no.
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It's more about founder vision, determination than crowded market
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I saw opportunity in crowded market no other can see because I faced that issue by myself and then test the market and got positive result
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Example of a startup in (what was) a crowded market: Google. Example of a startup with low margins: Amazon.
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Your advice appears to be based exclusively on survivorship bias. Being in a crowded market does not transform you into Google.
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