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Why it is hard for VCs to say ‘no’ and why that ‘no’ could be good news for an entrepreneur

The Next Web

But if our website says that Credo invests in IT, Internet, mobile or healthcare startups predominantly in Central Europe, I just don’t feel obliged to respond to a gold mine in Mongolia or Australian TV production studio. Yes, it is true that some entrepreneurs either don’t receive a response or get a pre-made template.