03.30.07
Venture information aggregation
Here is a nice web site that aggregates venture information together called Discoverion: http://www.discoverion.com
Technology, Venture, Innovation, Globalization
Here is a nice web site that aggregates venture information together called Discoverion: http://www.discoverion.com
Andrew said,
April 11, 2007 at 7:30 pm
For three years I have been playing with an idea and transforming it in my head. It seems that now is the time to act. I have started to take steps in that direction, but to truly make my idea work, I would need to get major backing from a technology company or serious VC funding. As I have started to look for how to do this, however, most places only want to hear my idea if I forgo the rights, which is not something I would like to do. In the mean time it seems as though I am left to find whatever contacts I can and hope they can see from who I am that my idea is good enough for backing. This does not seem the best route. Please help!
Ray Wu said,
April 12, 2007 at 11:48 pm
VCs (including corporate VC) would probably never sign a NDA with an entrepreneur because we just see too many deals come through. If there is no protection in your idea once someone else heard about it, then it is probably not protect-able. Coming from an entrepreneur background, I know how protective an entrepreneur is towards his ideas and tend to think it is the best thing since slice bread. But given today’s global reach of technology, almost all good ideas are being done by several companies. The winner comes down to the one that can execution well, protect itself well with patent, and partner well to quickly gain tractions in the market. If there is no one doing anything in your targeted space, then you need to think whether this is a market ready for customers, or too niche that should be funded by VC. Good luck!