How quickly can we say Twitter :).

My experience is that VCs look for a unique selling point and how easy 
it is for competitors to copy you over any business model that's been 
put together. The USP may be the ability to attract thousands of users, 
make the company valuable for a takeover, or show a good profit, but the 
last one is not always the USP that sells it to a VC.

Al.

Fred Grott wrote:
> Eric according to VCs that I have talked you might be wrong as least 
> on having an immediate business model
>
>
>
> On Wed, Feb 25, 2009 at 5:38 PM, ericwong <[email protected] 
> <mailto:[email protected]>> wrote:
>
>
>     You can always pay someone to develop the software and then you find a
>     way to sell it..........so, you take the risk yourself. (kinda like
>     what most ppl is doing here)
>     One way or another, you need to get it started somewhere or give up
>     the idea.
>
>     Without a business model on how you intend to make a profit from it,
>     no one would be willing to invest on it (including me).
>
>     Cheers
>     Eric
>
>     On Feb 24, 5:34 am, Incognito <[email protected]
>     <mailto:[email protected]>> wrote:
>     > My advice: pair up with a developer and split up the business
>     50-50.  Make sure the developer is highly motivated. You Both are
>     equals, but while he is working get him everything he needs, you
>     do all the dirty work.
>     >
>     > On Feb 23, 2009, at 6:01 AM, "[email protected]
>     <mailto:[email protected]>" <[email protected]
>     <mailto:[email protected]>> wrote:
>     >
>     > Ok this is gonna be the most awkward post I've ever put anywhere but
>     > I need some help or I'm going to probably give up on this dream. I
>     > know that its unfair to ask this question because I could just
>     do this
>     > on my own but I feel so excited about this that I need advice now or
>     > I'm not gonna get any sleep for the next few days!
>     >
>     >  I am not a developer. I know what is required to make an
>     application
>     > for cell phones like the g1 but in all honesty I am frightened
>     to try
>     > this on my own because my ambition is far greater than I could
>     > possibly accomplish anytime soon on my own. I want to make a
>     game for
>     > the g1, and possibly other cell phones in the future. I have no
>     skills
>     > at the moment needed to accomplish this but I have every possible
>     > facet of the idea written down to accomplish a great and successful
>     > but most importantly FUN game. I am sure that If i do enough
>     learning
>     > and research I can create this on my own but frankly I think
>     this idea
>     > deserves professional work to fully realize its potential and not a
>     > first time programmer such as myself. I need advice on how to
>     get the
>     > ball rolling on this idea for instance, where could I look for
>     help on
>     > finding a great programmer, what advice do you have for a small team
>     > with LOW income, how can I avoid getting screwed.
>     >
>     >  Please believe me I know people have to risk a lot to win a lot
>     > which is fine but i don't want to risk losing my ideas to a thief or
>     > doing something wrong just because I was afraid to ask for help. I
>     > just hate the fact that if you are great at something or have an
>     idea,
>     > you have to learn a hundred other things just to get what you love
>     > available to the public. I wish to have the opportunity to see my
>     > ideas become reality and yes maybe have an easier and better
>     lifestyle
>     > for my family and friends but is that too much to ask today? To have
>     > an idea you believe could get you away from your stress but to
>     be even
>     > more stressed because you can't get your ideas to become reality is
>     > for me the worst thing that could happen to someone. I want to avoid
>     > this so please share anything you can to help or if you want to just
>     > tell me how hopeless I am. I just have to try because I am tired of
>     > not trusting.
>
>
>
> >


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