Thursday, May 24, 2012
It has been interesting this past week meeting VCs in Silicon Valley. While they are mostly smart people, so many operate on preconceptions. Some love the same idea that others sneer at. They have to little time to examine each idea that they see, that some operate primarily on a set of "rules" which may lack imagination or openness. A new and breakthrough idea is hard to get a hearing for. The bigger the name the more ideas they are presented and the less time they have to evaluate each.