Jackie Danicki

First, congratulations to my buddy Jeff Clavier on the $170 million sale to Intuit of one of his companies, Mint.

Another investor friend, Chris Yeh, sums up why the Mint founders’ uncertainty on some scores impressed him:

When you say, “I don’t know” and “Here are a couple of ways this could play out,” you’re establishing three important things:

1) You are aware of the limitations of your knowledge
2) But because you know your stuff, you have already thought through the possibilities
3) And you are confident enough in your judgment to expose your thinking to the investor

This is the kind of entrepreneur I want to invest in–knowledgeable, thorough, transparent.

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