A self-proclaimed VC (but really just a business angel syndicate gateway keeper with no real money, as I later found out) once told me (in 2005) "Even if it wil

A self-proclaimed VC (but really just a business angel syndicate gateway keeper with no real money, as I later found out) once told me (in 2005) "Even if it will be possible to use the Internet from one's phone one day, it will be too expensive for ordinary people to use it." This was already wrong when he said it to me (I was pitching a mobile question answering system developed in 2004), as then an ugly HTML cousin called WAP already existed. I have never taken any risk capital investor that did not have their own tech exist seriously since then.