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Ideas For Your Next Tech Startup

Posted by ryuzaki0 on from the free-ideas-your-mileage-may-vary dept.

prostoalex writes "Business 2.0 magazine enumerates tech ideas that venture capitalists are currently interested in, listing the amounts they have ready to invest." From the article:"A column that appeared on Business2.com the next day described the company Armstrong envisioned and his wish list of criteria. Those who thought they had the right stuff could send Armstrong a business plan. A few weeks later, Armstrong had a new gripe: He'd received more than 20 solid plans and couldn't decide which of three finalists he wanted to fund -- not just for $1 million, but for as much as $5 million. He has since winnowed the list down to two. That got us thinking. Why not ask dozens of VCs a tantalizing (but often unasked) question: What types of ideas would you fund tomorrow if the right pitch landed on your doorstep? After a few weeks of trolling Sand Hill Road and beyond, we got 11 leading venture firms to spill their most promising business ideas -- and to pony up $50 million in funding to the entrepreneurs who can pull them off. "

2 of 184 comments (clear)

  1. Re:In Soviet Russia... by JollyFinn · · Score: 5, Insightful

    Yeah right there is a LOT to gain from that.
    Consider a first few programming class you took. Consider a average guy there. That's what you get when you try to build 25 person team plus all your time will go managing those twenty guys. However consider few nerd friends you got, and thats what you can get if you go for 5 person team. Next thing to consider is the communications thats more or less n style thing. There is only so many independent peaces you can split the application, and still those need to communicate with each other. In the end for us the 25 person team is a LOT worse solution than going for 5 person team.
    I think I'd go for 5 person team at beginning rather than VC:s just to have better productivity and higher code quality.

    --
    Emacs is good operating system, but it has one flaw: Its text editor could be better.
  2. Re:Yawn. The same old stuff repackaged.. by nicklott · · Score: 5, Insightful
    Venture Capitalists are people with money but no ideas. If they had money AND ideas they'd be doing it themselves.

    Asking VCs the specifics of what they want to invest in is pointless; they don't know. What they do (or should) know is a good idea when they see it.