VCs are liars.  And so am I. 
Feh, just be honest with people. If they get defensive, they get defensive, so what?<p>I'd <i>love</i> to hear you tell me "I just don't think you have what it takes," as that's just going to pour fuel on my fire and motivate me to work that much harder just to spite you.<p>I love negative feedback like that...  fuck all ya'll, because when I'm running a billion dollar company and rocking up to your shitty office in my Maserati to ask "how's it going?" I'll be laughing to myself at how pathetic and stupid you were to doubt me.