I sat in with an investor group on four entrepreneur pitches yesterday. If I hear another person say “Our revenue projections are very conservative” I’m going to scream. If they’re so conservative, why not make them, um, realistic?! The other thing I heard which was annoying is “We have no essentially no competition.” Even if there is not one other company doing anything remotely similar (I doubt it), then I think it’s more credible to say “Companies or people who could try to derail us include…” and in this category may be internal saboteurs, government regulators, and so forth.
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- We were honored to have one of our LPs, Spanx founder Sara Blakely, with us this morning at our Underestimated even… https://t.co/Sh4UCJY4Jd, Apr 18
- RT @ManuKumar: Excited to listen to Sara Blakely, founder and CEO of @SPANX, and @reidhoffman, co-founder of @LinkedIn, now at… https://t.co/hnDYvap319, Apr 17
- @abatalion @pt Softbank, Apr 17
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