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Founders on here....what's the worst VC experience that you've had ?

I'm hearing some horror stories of pressure and unreasonable expectations coming from VC's even at the seed stage. Pre and post funding. Do you folks have stories to share about this. Especially w.r.t. interaction with associates with zero business experience giving Gyan !.

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TallTales69

Unemployed

a year ago

I once had an enlightening conversation with a 4 yoe associate telling me to move ("transform") the sales process to MEDDICC. I played along and told them I have never heard of it and if they would be kind enough to walk me through it. I was then subjected to the intense experience of someone who had never done any sales in their life unfurl the acronym, and stop at that. No further nuance, no explanation, no reasoning to why it'd be better for us. We'd already been using a modified lite version with the teams for a couple of quarters by then. Apparently John McMahon's book is easily available on Amazon and a one time read turns everyone into an accomplished Enterprise Sales Leader.
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ObtuseCutie

Stealth

a year ago

Lol. As an enterprise sales person myself I can attest to the fact that the only book that will help you in this area is " how to make friends and influence people" by Dale Carnegie. Thank you for sharing @TallTales69 .
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Bakchodimax

Stealth

a year ago

I once had a newly inducted analyst talk to me about the “market” and customer behaviour trying to be cool and blabbering some social media bulshit that he may have come acros by browsing all day long to build “thesis”. I asked a simple question - so how many years did you spend in the market to have these insights? ….pin drop silence 😂😂 The guys left the firm to do a job somewhere else while we’ve grown 10x since! 😅
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ObtuseCutie

Stealth

a year ago

Hahaha. Damnnnn. Congratulations on the growth 🎉🎉
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Kamlesh

Stealth

a year ago

Even pitching is mostly a pointless process. Unless you have - IIT/IIM degree SaaS business CTO from day 1 Proprietary code/moat (lol) Largest TAM possible Hockey stick growth (lol) High growth but questionable monetization Very few pitches actually helped me in any way through feedback. Most of them were a complete waste of time. Best to build until investors come to you. Almost pointless to approach investors.
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