Gentlemen:

It is a very bad doctor that questions the validity of his patient's symptoms. Too many terrible doctors send a patient away with an aspirin and find him dead the next day of imaginary appendicitis.

Further, if we want to dish it out, we have to take it.

The very fact that a VC would laugh at the slide show means that it resonates with him/them, having seen it before.

It may not make us laugh much. So what.

And if it makes a VC chuckle, that will be followed by a comment about how entrepreneurs are guilty as well, so they can get off their high, TheFunded horses.

Even that will be progress for our side. To point out the things that entrepreneurs do is to acknowledge obliquely what VCs do and have always done.

I have no objection to making sure that my plan contains none of the flaws in the sideshow. Hell, if you think of any more points on that slide show, post them here.

I would be grateful. It is an efficient and effective way of eliminating
busines plan defects.

In return any VC I talk to, can get off his "devil talking to Jesus after 40 days in the desert routine". (I will offer you the world if you bow down and worship me).

Let us be grateful to the fellow putting up this post, make note of each of his comments, make damn sure our own plan cannot be accused of any of them and move forward and kick ass.

Nicely said, Carlwimm. A venture that overstates its market, exaggerates projections, ignores obvious competition... this isn't exactly a news flash people.

It was a very clever slide deck! We need to be able to laugh at ourselves and lighten up!

There are both good and bad VCs as well as enterpreneurs who overrate what they want to do. One VC I know has seen the slide deck and laughed. He is one of the good ones and commented that he knew of many who fit the tag of the slide deck. And he does not like working with them.