When a venture capitalist says, "We couldn’t find conviction in this project," what do they actually mean? In this conversation, we break down the real meaning behind investor language and why phrases like this are often just a polite way to pass on an opportunity.
Understanding VC terminology is crucial for entrepreneurs navigating the fundraising process. This discussion reveals what investors are really saying and how to interpret rejection in a way that helps you move forward.
Key Topics:
- What "we don’t have conviction" really means in venture capital
- Why VCs use indirect language when rejecting startups
- How to read between the lines in investor feedback
- Why rejection doesn’t always mean your idea isn’t good
- How to pivot and refine your pitch after hearing no
Quotes:
- "We couldn’t find conviction in this project—that’s just VC-speak for ‘we’re not interested.’"
- "Investors rarely say no outright. They just find a polished way to decline."
- "If a VC passes, it doesn’t mean your idea is bad—it just might not fit their thesis."
- "Understanding investor language can help entrepreneurs refine their approach."
- "Every rejection is an opportunity to adjust and improve."