> From: J. Andrew Rogers [mailto:[EMAIL PROTECTED] > Subject: Re: [agi] More public awarenesss that AGI is coming fast > > 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. >
Any software deliverable greater than 3 to 4 years is very high risk. That is either in selling a software deliverable to a customer or an investor. Both are a sell but it's a matter of selling a commitment to yourself in regards to delivery. Do you commit yourself knowingly? And a deliverable may be just a proof-of-concept baby-step reassurance in reality so it's a matter of which burden incurs the most liability - the investor or the customer(s), for the long term goal of comprehensive AGI dev which may take 5 to 10 years... John ----- This list is sponsored by AGIRI: http://www.agiri.org/email To unsubscribe or change your options, please go to: http://v2.listbox.com/member/?member_id=8660244&id_secret=55276743-e774f8
