Don't send me any mail now.

On Feb 26, 2009 9:49 AM, "Al Sutton" <[email protected]> wrote:


Fred,

I'm not sure of the point you're trying to make.

I've been involved with several VC funded companies over the past 15
years and have seen VCs focus on a variety of things, so I think we
agree that Erics assertion that;

"Without a business model on how you intend to make a profit from it, no
one would be willing to invest on it ..."

isn't necessarily true.

The two common things that I have seen are them looking for what would
make a potential investment recipient different from the rest of the
market and how quickly the rest of the market could catch up (along with
the obvious due dilligence questions of is the company going to go bust
even with the investment). This is because there's little point in
investing in something that by the time the deal is done the value of
the investment has already been significantly eroded by an organisation
the VC fund doesn't have an investment in.

I don't remember questioning the mobile market as a viable sector for VC
investment, in fact I think there are some good opportunities around, so
please let me know where you've got this impression from so I can make
sure I'm clearer in future.

Thanks,

Al.

Fred Grott wrote: > Al with all due respect, > > 1. 2009 guess how many
smart phone will be sold...

> <mailto:[email protected]>> wrote: > > > How quickly can we say Twitter
:). > > My exper...

> > <mailto:[email protected] <mailto:[email protected]>>> wrote: > >
> > > > ...
>     >     <mailto:[email protected]

> <mailto:[email protected]>>> wrote: > > > My advice: pair up with a
developer and ...

> <mailto:[email protected]>>> wrote: > > > > > > Ok this is gonna be
the...

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