On Oct 18, 2007, at 11:32 PM, John G. Rose wrote:
It's really hard to sell if the deliverable time frame exceeds 3 to
4 years.
Why does an AGI deliverable require more than 3-4 years? You better
have a good answer for that, or no one will fund you. Most people
*don't* have a good answer for that.
Ya personally I don't like the VC model it's better to deliver
concrete
results even if they are in baby steps. BUT if the guy next to you is
getting massive investment THEN what route do you take? Definitely
boils
down to who's got the right software IMO.
There is enough VC money for everyone with a decent business model.
Honestly, most AGI is not a decent business model. Otherwise
Mentifex would be smothered in cash. It might even keep him quiet.
Good AGI with adequate reputation would have no problem getting
funded. Indeed, mediocre AGI with adequate reputation routinely gets
funded. The problem is an absence of both reputation and business
credibility. There are a lot of people with crap reputation that can
still turn a dollar.
The reality remains that virtually all AGI projects are objectively
crap investments, and consequently it is an uphill battle to find
people willing to make such investments. A track record is huge;
proving that you have delivered on insanity in the past will have VCs
lining up to invest in your insanity in the future. But you have to
have delivered at some point.
Cheers,
J. Andrew Rogers
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