When is a “no” not a “no”?

Posted by Tony @ MaRS, April 21st, 2008

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At last Wednesday’s Entrepreneurship 101 lecture, Dr. Jeffrey Coull of Chlorion Pharma shared some of his experiences in dealing with venture capital companies. One of his messages was that “no” from a VC often simply means “not now.” Coull recounted having presented numerous times to a collection of over 60 VC’s — with one of the initial “no’s” ultimately becoming an investor in Chlorion.

His message: persistence pays!

Question of the week:
Who out there thinks they hold the record for multiple pitches to a VC that turned a no into a yes? Respond here or on our Facebook discussion group.

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Author: Tony Redpath

As the VP of Partner Programs at MaRS, Tony ensures that our external and internal programs work together. Tony also advises entrepreneurs and high growth companies, particularly in environmental, advanced materials and manufacturing markets, with a special emphasis on mentoring and development of entrepreneurs.

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