Dispatches from the Frontier
Musings on Entrepreneurship and Innovation
Tuesday, March 29, 2005
More on Saying No
Musings on Entrepreneurship and Innovation
Tuesday, March 29, 2005More on Saying No
In the first two parts of his series on saying "no" to entrepreneurs, venture capitalist Bill Burnham explained why (a) it's a risky proposition for a VC to say "no" and (b) how, consequently, VCs can manage to bungle the job with regularity. In the final installment of his trilogy, Burnham shares how he tries to handle this difficult, but necessary, responsibility:
- Be honest
- Be specific
- Be quick
Related: Saying No to Entrepreneurs and Inventors
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