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A comment on Y Combinator's Essential Startup Advice – Michael Seibel [video].

Re:Y Combinator's Essential Startup Advice – Michael Seibel ... by gnicholas on Wednesday May 01, 2019 @03:55AM (#19795285)
On interpreting feedback from investors:

"Believe the 'No', but don't believe the 'Why'...for the majority of investors, it doesn't benefit them to give the reasons, and they're a little bit afraid that if they give real feedback, the founder's going to think they're an asshole"

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Re:Y Combinator's Essential Startup Advice – Michael Seibel ... by onion2k on Wednesday May 01, 2019 @05:59AM (#19795768)
In my experience (which is very limited to be honest) I don't think you really need to worry about believing the "No" because VCs don't like to say no. You need to worry about believing the "Yes, but not just yet" because it's not really a yes.
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Re:Y Combinator's Essential Startup Advice – Michael Seibel ... by mgadams3 on Wednesday May 01, 2019 @09:39AM (#19796871)
agreed, I never believe a yes until the money is in the bank.
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Re:Y Combinator's Essential Startup Advice – Michael Seibel ... by toxicFork on Wednesday May 01, 2019 @04:11AM (#19795353)
This applies for many other aspects of life too.
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