Proper Feedback
If you have ever raised capital these lazy, unhelpful tropes probably sound familiar: "It's not a good fit for us right now." "You're a bit too early for us." "Let's stay in touch." "We love the space, just not this entry point." "Let me run it by the team." [Silence. The ghost.] "Keep us posted on the round." Yesterday, we reviewed a deal and sent a 15 page feedback report on why it wasn't fundable and what needed to change to make it fundable. That's real feedback. That's what we do.