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A comment on When a meeting with a VC goes bad (Jobloft). Parent comment

Re:When a meeting with a VC goes bad (Jobloft) by nickb on Saturday September 15, 2007 @03:52PM (#54985)
You have no idea? Hmm.... you need to think it through. Just think about how much exactly $200K would last them and how much more money they'd need to raise to become profitable. Not to mention the control problems.

As funny as that whole thing was, the prof was right to break that deal. This company wouldn't have gone anywhere anyway with that kind of a structure.

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Re:When a meeting with a VC goes bad (Jobloft) by palish on Saturday September 15, 2007 @04:22PM (#54993)
That's right. I have no idea. You know why I have no idea? Because nobody is offering me $200k, that's why I have no idea. If they were, I'd immediately learn enough to make a relatively informed decision. But until then, I'd rather learn things that would help me build a product, not manage a company. So therefore, I have no idea. Gosh, what a horrible thing to admit.
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