Signal High Interest Then Stall

At a board meeting last week we were discussing the dynamics of keeping VC’s informed that expressed interest in “being kept up to date” on the company for the purpose of being somewhat up to speed when the next financing came around.  We ended up talking through a list of about 10 different VC’s and at one point one of the other board members muttered “this sounds like the shits.”  I gave him a perplexed look and he said “you know – “Signal High Interest Then Stall.”  Yeah – well – we’ve all experienced the shits at one time or another.