Sep 26 2008

Deals

I’m trying to purge the word "deal" from my lexicon – at least as it relates to investments (i.e., companies are not a "deal", it’s an "investment opportunity"; the actual transaction itself is still fair game). 

I’m amazed how often the term comes up in the venture industry. To me it seems somehow demeaning and way too generic. Entrepreneurs who put their heart and sole into a company don’t need to hear us talk about their companies like they’re a commodity.

If you’re a VC reading this, try it for a day and see how often the word comes up . . . and how difficult it is to stop using it…