I was in a meeting with one of our new portfolio companies today. In response to a non-obvious question, the CEO said "I don’t know is the answer to your question." I fell in love with this CEO all over again and was reminded of Josh Kopelman’s magnificent post in March titled I Don’t Know …
Another great line from the meeting was "The only useful things to come out of marketing budgets in early stage companies are stickers and t-shirts." That was – of course – from me.