Old VC Pitch story from 2012 when I was building Wishberg, but I still remember this one.
Two very popular super angels called me to pitch to them for a meeting at a very high-profile, super-rich bombay club. My first visit to any club of any kind whatsoever, it was intimidating anyway. I arrived early and was asked to wait until someone called for us. It was supposed to start around 7 pm or something, but I remember I had waited nearly 30-45 minutes already.
Managed to glance through and these two gentlemen were sitting and already hearing the pitch of another, of a famous-celeb-founder. Nope, I am not judging - they were. Both of them were visibly drunk and laughing or cheering animatedly with that founder.
They called for me. Went inside - it seemed that these angels have been there for all evening and ours seemed to be their last meeting for the day. Started the conversation, one was sloshed and was already telling his group of friends - wait just 5 mins, I will get done with this. No being from IIT or IIM or Ivy League (it was a thing back then) - had put them off already.
Second one spoke about himself for 5 mins and rest of the time - cut me on every slide this wonβt work, you havenβt seen the world, etc etc. 12-15 mins, and they were done. All through the meeting, had drinks, food and snacks and no one offered even glass of water or even bothered to remove food and glasses from the last pitches. The first drunk guy kept checking out passing women, and 10 mins into the pitch he left to join his friends. The second guy in all his arrogance said - buddy, do something meaningful in life.
Long story short, the two gentlemen are still in the industry - over time while building Raise (knowingly or unknowingly) had tried to connect, but of course, I found a way out. Yes, the famous-founder was funded by them and over few years the venture folded silently. No big deal, we also folded Wishberg after few years.
Those 15 mins of my life - I remember being treated as Bharat Bhushan in the movie Bheja Fry (in case you know, you know) who gets paraded as talent for weekend evening fun by a rich guys.
I am not against strong feedback or refusing to fund - we founders face rejections all the time, but showing basic respect & humility that one should display in interactions with people is the minimum expectation.