Sunday, August 27, 2006

Funding a Business

Venture firms play a key role to fund businesses. However, they do not always select the best or the most important opportunities on an individual basis. What works is that because there are multiple VCs, eventually one of the sees and grasps the opportunity that might be out there.

Some time ago, some friends of mine and I were tossing around ideas about a mobile service. Today, after about two years, I see these ideas having been funded and getting into servicability. Two years ago, when we were looking around, it was hard to find any one working on them.

No comments: