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by codingdave
1674 days ago
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> We’ve found it takes at least half an hour even with the most receptive of people to get the scientific point across. Do you really want VC money if this is a science-based new tech with large ramifications? The deal you make with VCs is to focus on huge returns - make cash fast or die. If this is a result of serious scientific research, is that truly your goal? That is why they are set in their ways, too - they want businesses who are at a point where pushing for hefty returns is possible. Not being willing to sit through 30 minutes of explanation is an effective filter to not get into heavy research efforts that will take too long to come to fruition and not meet their 3-5 year turnaround target for their returns. I'd think seriously about your path forward and seek something other than VC funding. |
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