Sean Percival has a funny Investor-to-Founder translation post up at his site.
Some highlights:
Investor to Founder
“We’re looking for mission-driven founders” = We expect you to work unhealthy amounts of hours on this
“When is your round closing?” = How long can I delay in giving you a commitment?
“Who else are you talking with?” = I’m going to email them right after this meeting to gossip about you
“Who else is investing in this round?” = Is anyone smarter than me sticking their neck out first?
“Oh, yes. I know them very well!” = We had lunch once
Founder to Investor
“Would be great to give you an update on the business!” = I’m looking for a bridge round
“We are doubling every month!” = Last month, we had 1 sale, and now we have 2!
“Things are going great!” = We are totally screwed
***
For the whole post, please head over to his site.