Monday, March 4, 2013

VC Panel Notes 1 from #Launch2013



VC Panel
- demonstrate knowledge in gaining traction, organic growth
- content is generally seen as "bad" investment, but platforms are generally "good" investment
- content is important, a la movie studioes, otherwise just empty screen
- interesting to see people pull in
- mobile phones have fast turn around time, more than pc's, more than tv's
- human to computer interaction huge opportunity for disruption
- lot of startups are not radical, big picture ideas, google is good at it
- has a "need" to succeed, not a awant
- vc's want to feel inspired, and might dropout even if it sounds like a good business
- needs vision but also great execution
- sending physical business plans to VC's is a very bad thing in this day and age, go digital
- "how do you build a monopoly doing this"

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