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Well, my point was that while, yes, it's easier (cheaper, faster) to build and market a product than it was 20 years ago, the criteria for an investment has mov
by ci5er 10y ago
Well, my point was that while, yes, it's easier (cheaper, faster) to build and market a product than it was 20 years ago, the criteria for an investment has moved right along with it. I mean - gosh - Sun was funded based on a napkin drawing. (It was already developed paid-for Stanford-developed technology, though, so declaring it to have been funded simply off just a napkin is unfair)
Currently I have a thing that is kinda/sorta like a B2B SaaS play, with bottom-up engagement directly with the employees of the target enterprise -- and I've had to shut the doors to (unnecessary) investor interest w/ only about 3K active users.
But, underneath it all the distracting details, I agree. I think the general consensus in this thread is: it's hard.