Interesting presentation on fundraising by Simon Clark from Fidelity Ventures.
Some great nuggets for decoding VC-speak:
“we’re researching this space” = we want to invest in your competitor
“we would like to review your model” = I don’t understand the economics of the industry
“how do you size your market” = I don’t like paying for research
“we’re in if you can find a lead” = Let’s see if someone else figures out how to make this deal work
