Comments on: Startups VCs are dying to invest in http://blog.simeonov.com/2009/07/21/startups-vcs-are-dying-to-invest-in/ Simeon Simeonov on entrepreneurship, innovation & venture capital Thu, 19 Jan 2012 15:31:28 +0000 hourly 1 http://wordpress.com/ By: Vladimir Dimitroff http://blog.simeonov.com/2009/07/21/startups-vcs-are-dying-to-invest-in/#comment-18027 Fri, 24 Jul 2009 14:28:32 +0000 http://blog.simeonov.com/?p=530#comment-18027 Things weren’t always like this – there were times when VCs invested in ‘transformational’ innovations. Alas,not any more. Once upon a time JP Morgan invested in Edison’s light bulb – now nobody wants to fund my darkness bulb (it emits darkness when switched on, imagine the many uses!) – because it doesn’t feel and sound like Twitter :(

No, I have to focus on my revolutionary idea for a 70-character micro-blogging platform (codenamed Spitter) – and they will come, like flies drawn to honey.

August off is a good idea. Me too. I’ll join a couple of VCs for some blue marlin fishing in Hawaii. Fun, a few coctails in the company of exotic models.. and I think I’llg get the next round covered.

See you in September!

]]> By: Investors want startups that solve problems | TechSentry http://blog.simeonov.com/2009/07/21/startups-vcs-are-dying-to-invest-in/#comment-18026 Wed, 22 Jul 2009 20:51:13 +0000 http://blog.simeonov.com/?p=530#comment-18026 [...] back at Simeonov’s post, he says with a chuckle that the two types of startups that VCs are dying to invest in are those [...]

]]> By: Sam S http://blog.simeonov.com/2009/07/21/startups-vcs-are-dying-to-invest-in/#comment-18024 Wed, 22 Jul 2009 20:30:15 +0000 http://blog.simeonov.com/?p=530#comment-18024 How many times has it been said: Its not the idea that matters its who is in charge. Facebook was not the first social network nor was Google the first search engine

Business is an art not a science. This is l like trying to pre-define the next No. 1 song. The problem is that too many VC’s are lousy A&R men who want to find the next Facebook instead of the next Mark Zuckerburg or Bill Gates.

]]> By: Mike Alfred http://blog.simeonov.com/2009/07/21/startups-vcs-are-dying-to-invest-in/#comment-18022 Wed, 22 Jul 2009 17:49:45 +0000 http://blog.simeonov.com/?p=530#comment-18022 Don’t VCs bring it upon themselves by continuing to invest in the 17th social network for dog owners and the 29th video sharing site? Entrepreneurs are just giving the VCs what they’ve proven they want — the same old crap. If VCs want to see bigger and better ideas, they actually need to have the guts to fund them when they do show up. VCs should take August off so they can start thinking about how they can actually create value by investing in truly new ideas. Otherwise we’ll just continue to see the same old lemming like behavior.

]]> By: Simeon Simeonov http://blog.simeonov.com/2009/07/21/startups-vcs-are-dying-to-invest-in/#comment-18020 Wed, 22 Jul 2009 15:26:51 +0000 http://blog.simeonov.com/?p=530#comment-18020 FN, I hadn’t seen that before but I’m glad Bill Gates agrees with me. ;-)

]]> By: Simeon Simeonov http://blog.simeonov.com/2009/07/21/startups-vcs-are-dying-to-invest-in/#comment-18019 Wed, 22 Jul 2009 15:26:20 +0000 http://blog.simeonov.com/?p=530#comment-18019 Chris, when I was growing up in Bulgaria, some cities/villages routinely fired rockets to protect valuable crops.

]]> By: Chris Padfield http://blog.simeonov.com/2009/07/21/startups-vcs-are-dying-to-invest-in/#comment-18018 Wed, 22 Jul 2009 09:00:25 +0000 http://blog.simeonov.com/?p=530#comment-18018 Changing the weather already happens; China fired a bunch of rockets to get clear skies during the olympics.

http://science.howstuffworks.com/cloud-seeding.htm

]]> By: FN http://blog.simeonov.com/2009/07/21/startups-vcs-are-dying-to-invest-in/#comment-18015 Tue, 21 Jul 2009 15:55:59 +0000 http://blog.simeonov.com/?p=530#comment-18015 You joke, but Bill Gates et al just filed a patent on changing the weather.

]]> By: Chris Padfield http://blog.simeonov.com/2009/07/21/startups-vcs-are-dying-to-invest-in/#comment-18013 Tue, 21 Jul 2009 14:27:26 +0000 http://blog.simeonov.com/?p=530#comment-18013 I don’t know; the first idea sounds like it needs customers prepared to buy a public good – think that might be a critical flaw in the business plan ;)

The 2nd idea sold me though :)

]]> By: Shawn Broderick http://blog.simeonov.com/2009/07/21/startups-vcs-are-dying-to-invest-in/#comment-18012 Tue, 21 Jul 2009 14:18:33 +0000 http://blog.simeonov.com/?p=530#comment-18012 “Who will back you: A Chinese VC with shady government ties will back you while the US VCs are tied up in congressional hearings.”

ROTFLMAO!

Funny stuff, dude.

]]>