Jason Calacanis just forwarded me a fun post he just put up titled Sparring with VCs & Associates to sharpen your skills. While not all VCs are as clueless as the dmf that it appears Jason talked to, I’ve had plenty of conversations that resemble this one (where I’m on the receiving end – substitute “Brad” for “Me”) during “due diligence” calls with other VCs that are interested in companies I’m either looking at or already an investor in.
Someone (I can’t remember who – maybe my dad?) told me a long time ago that “the question is much more important than the answer.” While this probably fits in “the journey is the reward” cliche category, Jason’s dialogue points this out in spades.