20 Tech Ideas VCs Want to Fund
An anonymous reader writes "CNNMoney reports on the top 20 technology ideas that our beloved VCs want to throw money at. Are these the brilliant ideas that will change the world (and make you rich in the process)?" From the article: "Delivery of new types of Web search to mobile phones. Google, Microsoft, and Yahoo are all taking a swipe at this, but Rimer believes they're betting on a losing strategy by simply shrinking their existing desktop features into a handheld package. He says he's willing to invest in new search applications that, for example, depend as much on voice recognition as on text input and would offer up everything from shopping and news headlines to driving directions and restaurant reviews with a few voice commands and keystrokes ... What he'll invest: $2 million for a working demo application."
venture capitalist http://en.wikipedia.org/wiki/Venture_capital
Who says you need internet access on your phone for this? Those are the types of assumptions that hinder innovation. Couldn't you do some kind of query/response to a server somewhere? One of the things that always seems kind of obvious AFTER some kind of innovation is what assumptions were thought about in a different way. Think of the problem, and how it could be solved, without getting caught up in what already exists. That is just one way to do it, obviously another is to try and use what already exists. But all ways should be looked at to solve problems.
It's like looking back on the comments around flying before airplanes where they thought it was impossible because things were too heavy, so they tried to make things really light in order to fly. That is why I love the "50,100, 150 years ago" section in Scientific American magazine. It is really interesting to read the thoughts on science from those time periods. Sometimes it is amazing at how forward-thinking they were, and sometimes it is funny to see how far off they were.
Always look at your assumptions, and consider how to eliminate them if they are hindering your solution. Like Google's recent comments on PC power supplies (a href=http://informationweek.com/hardware/showArti
My beliefs do not require that you agree with them.