I think there is a fundamental problem with the process of getting funding for a new business. I'm not sure there's a simple or even reasonable solution, but t

I think there is a fundamental problem with the process of getting funding for a new business. I'm not sure there's a simple or even reasonable solution, but there's definitely a problem. I know many smart, capable, enthusiastic people who have a very good business ideas, would be totally capable of launching a new product/service/etc., and would make fine entrepreneurs -- but who have absolutely no way to get their ideas/product/services off the ground. Every time someone approaches me and asks for direction on how to fund the idea, the answer always seems to end up at "find a wealthy friend or family member to invest in you." Some people have those connections. Most do not. We all know that VCs only go for very specific types of high-growth products / services. Places like Y Combinator have a very specific (and great!) niche. Banks are entirely useless in 95% of cases. Even the SBA -- the government's best effort in this area -- is still basically for businesses that have already gotten off the ground. There are a ton of great ideas - great products - great services - that aren't necessarily VC-worthy but do deserve to be given an opportunity to be born.