CEOs in general have the innate ability to respond in such cryptic language that it leaves you wondering what the hell does it mean. Here is a quick list of typical CEO replies and also an explanation of what it actually means

Situation - Somebody, say an investor, points out to the CEO that he is trying to do too many things at the same time
CEO answer – We want to be a one stop solution in our domain
What does it really mean – Senior management has no idea what will eventually work so they want to try out a lot of different thing.

Situation - Somebody, again an investor, points out some very obvious features which are currently missing and should have been in the product.
CEO answer – We are a alpha/beta version currently
What does it really mean – I goofed up, Big Deal! Am not admitting it.

Situation – You are in a meeting with your CEO and are audacious enough to point out something which is not working fine and needs to be improved
CEO answer – Why don’t you own this?
What does it really mean – Besides additional responsibility for you, it means that if ‘this’ gets screwed up you will be on the firing line.

Situation – You have been doing your job well and are meeting your boss for your performance appraisal
CEO answer – Take a strategic initiative. (Actually this one can be used by CEO in almost any situation / conversation)
What does it really mean – People are still trying to figure this one out.

I will keep on updating this list as and when I get bombarded with more CEO replies.