http://blog.socaltech.com/2007/12/04/silicon-valley-shadiness/ Thoughts on Southern California's high tech and venture capital industry Thu, 20 Nov 2008 15:57:29 +0000 http://wordpress.org/?v=2.6.2 http://blog.socaltech.com/2007/12/04/silicon-valley-shadiness/#comment-478 Ryan Thu, 06 Dec 2007 01:33:29 +0000 http://blog.socaltech.com/2007/12/04/silicon-valley-shadiness/#comment-478 I don't think this is limited to the Valley, but instead its just business. In fact, this practice is a cousin to the "optimistic" financial projections that people use when pitching their company. In the case of someone exaggerating their network, you have to (quietly or overtly) use the same grain of salt that a VC employs when evaluating a company's financials. Assume its "optimistic" at best. I don’t think this is limited to the Valley, but instead its just business. In fact, this practice is a cousin to the “optimistic” financial projections that people use when pitching their company. In the case of someone exaggerating their network, you have to (quietly or overtly) use the same grain of salt that a VC employs when evaluating a company’s financials. Assume its “optimistic” at best.

]]>