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Funding business plans from first time entrepreneurs won't happen anymore

3 pointsby willphippsabout 17 years ago

1 comment

brkabout 17 years ago
"Funding business plans from first time entrepreneurs just won't happen anymore!"<p>Until at some point a first-time-entrepreneur does something really cool, and gets funding, and becomes a success. Then this will be popular again, and the VCs will only fund "new entrepreneurs who aren't stuck in the old way of thinking!".<p>I give it 24 months, if it ever even becomes reality in the first place.<p>VCs will fund whatever makes money. If my dog could write a nice RoR app, suddenly the Humane Society would be filled with potential CEO's...