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I've heard the phrase "keep me updated" before ;) Perhaps they don't want to give honest feedback in case they later turn out to be wrong and want in?



It's a fairly honest reply. It means "you're not there yet". It's far from Yes, but it's not No; and a future Yes is not likely but not impossible.

You could try asking for specific things that require improvement but I don't think you'll get a useful answer in most cases. You'll hear some words back but all they will mean is "I am not in love with your company".


That phrase is VC talk for no.


To the point of the sibling comment, I think "no, at this time" is more accurate.




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