VC Meta Talk Exposed !

What VCs Say ...

What They Mean !

A bit optimistic

Completely unrealistic

Acquisition strategy

The current products have no market

At times controversial

Universally despised

Basically on plan

Revenue shortfall of 25%

Bio-tech business model

Have yet to identify a way to make money

Board offers multiple perspectives

Board can't even agree on where the bathroom is

Chemistry may not be right

We don't like you

Complete confidence in the CEO

Checking with attorneys prior to terminating

Consensus oriented

Hopelessly indecisive

Considerably ahead of plan

Beat numbers in one of the last few months

Core business

Obsolete products

Currently revising the budget

Financial plan is in a state of total disarray

Cyclical industry

Just posted a huge loss

Difference in operating philosophies

Hate each other's guts

Entrepreneurial CEO

Totally uncontrollable, bordering on maniacal

Good news and bad news

Mostly bad news

Great co-investor

Can get tickets to most sporting events

Highly leveragable network

Plays a lot of golf

Independent thinker

Complete crackpot

Ingredients are there

Have yet to find a coherent strategy

Interesting financial play

An operating disaster

Investing heavily in R & D

Have fallen far behind the competition

Leading edge technology

No customers in sight, synonymous with "pushing the engineering envelope"

Learning experience

Sheer hell

Left to pursue other opportunities

Summarily fired

Limited downside

It can't get much worse

Long selling cycle

Customers don't like the product

Major opportunity to restructure the capitalization

We're desperate

Niche strategy

Hardly anyone likes the product

On a manufacturing learning curve

Can't make the product with positive gross margins

Opportunistic investing strategy

All over the map

Passive investor

Phones yearly to see if company is still in business

Plan has gone through several iterations

Management team in state of total confusion

Possibility of slight shortfall

A revenue shortfall of at least 50%

References raised a couple of issues

Complete loser

Recently became an independent consultant

Recently was fired, synonymous with "Left to pursue other opportunities"

Repositioning the business

Have just written off multi-million dollar investment

Selective investment strategy

Spends lots of time on yachts

Solid citizen

No redeeming characteristics

Somewhat autocratic

Totalitarian dictator

Somewhat below plan

Revenue shortfall of at least 75%

Strategic investor

Someone who will pay a high price

Thanks for your input

I'm going to completely ignore your advice

Think more tactically than strategically

Not very smart

Too early to tell

Results to date have been dismal

Turn-around opportunity

Pretty much a lost cause

Unique

No more than six competitors

Upgrading the management team

In the process of cleaning house

Value-added investor

Generally comes to board meetings, but spends most of the time on "emergency" phone calls

Volume sensitive

Massive fixed costs

Well below plan

Complete, unmitigated disaster, synonymous with "ran into a slight hiccup"

Window of opportunity

About to be blown away by the competition

Works closely with management

Monthly telephone call