Submitted on February 26th, 2009 by Bob Stiles (not verified)
Venture Capitalists seem to ignore any new project that takes 3 to 4 years before the first sale. This may be due to the extensive R&D required to engineer, construct test facility, and certify the product. They do not realize that there can be tremendous ROI. Established companies get the capital, but individuals are at a severe disadvantage. Also VC's seem to be enamored with the Internet versus real equipment.
Submitted on March 6th, 2009 by INVENTOR (not verified)
Conventional wisdom is that thay take the long view and fund stuff that wont give returns until year seven as long as they get their money with the interest they are going after.
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Submitted on February 26th, 2009 by Bob Stiles (not verified)Venture Capitalists seem to ignore any new project that takes 3 to 4 years before the first sale. This may be due to the extensive R&D required to engineer, construct test facility, and certify the product. They do not realize that there can be tremendous ROI. Established companies get the capital, but individuals are at a severe disadvantage. Also VC's seem to be enamored with the Internet versus real equipment.
money talks anbd bullshit walks
Submitted on March 6th, 2009 by INVENTOR (not verified)Conventional wisdom is that thay take the long view and fund stuff that wont give returns until year seven as long as they get their money with the interest they are going after.
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