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.
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I would like to see you write about other VC tactics, and, opine on what you perceive as VC bad behavior.
Comment by Timothy Campbell — January 23, 2006 @ 12:33 pm
The VC Toliet
The S.H.I.T.S I read this in a blog entry from Brad Feld so he gets credit for bringing this up first. SHITS. (Signal High Interest Then Stall.) Hmm. Heres what Ive told the CEOs running companies in our portfolio about this tactic. First, it sucks,
Comment by The Post Money Value — February 4, 2006 @ 9:47 am