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Turn off track changes!

May 9, 2008

Founders, turn off track changes before sending your business plan to Rick Segal.  He wrote about a business plan he received where the founders failed to turn off track changes and as a result embarrassed themselves.  Specifically Rick found these changes:

  • “Segal used work for Microsoft so skip the name dropping, save it for the afternoon meeting, they are clueless about Redmond.”
  • “When you talk through this point on your slides, make Chanukah jokes, he is Jewish and will get them”
  • “I’d delete this section since we don’t have these features on the roadmap and haven’t figured out how to code this unless you believe the investors won’t catch this.”
  • Scratched out “Exchange sucks resources like a vampire in heat”, replaced with “Exchange is resource intensive under certain scenarios”
  • Scratched out “Competitors are 10 years behind us and will never catch up”, replaced with “There is competition out there”
  • “VCs are typically stupid when it comes to this section so be prepared for a dumb question blizzard.”
  • Scratched out “Beta is in 6 months” replaced with “code is out there now”

I wrote about the UN’s failure to disable track changes a couple of years ago, so don’t be too hard on these kids.

Written by Alexander Muse · Filed Under Blog, Startups 

Comments

One Response to “Turn off track changes!”

  1. mike reyher Says:
    May 10th, 2008 at 5:14 am

    Same goes for offer letters!

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