Ways a VC says no without saying no
These are all still pretty fast No's in my experience.The worst No's are the ones where they ask to do Due Diligence and then never open the dropbox folder. Or if you are on your fifth meeting and they just keep trying to pump you for competitive information.So how do you know when you get a Yes?When you get a wire or a check. That's the only way.Even a signed note or Equity docs don't mean anything until that money clears.The best No's I've had were from Bessemer and a16z years ago. Almost immediate and right to the point that they wouldn't invest, with specific reasoning/metrics behind them. A++ would get told no again.