I NEED ADVICE FROM EVERYONE - HUGE IDEA - SHOULD I SEEK VC FUNDING

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Dude, stay away from online funding. Try angel investors, family, friends, banks, SBA, etc.
 


One thing you need to realize is that for every person who is actively looking to invest in companies with capital, there are 10,000 people looking for someone to invest in your idea.

You seem to think it is as easy as simply getting a meeting and the money will flow your way. It rarely ever works that way. They don't know you from Adam. An idea is just that. You need to have an actual plan. They are going to ask you all kinds of questions about your potential business that you have probably not even considered. You will come out of the meeting feeling like someone killed your dog and burned your house down while feeding you raw veal with an e-coli side dish.

If you can actually start implementing a smaller scale of your business and get it working you will have a much greater chance of seeking any kind of funding going forward. So make something that works and go with it.
 
I like your idea katoved, I found it interesting and inspiring.

It truly is a unique idea for the web, and I can foresee great sucess for your endeavours.

Your previous work, that appears prominently and presented well on your business portfolio site is remarkable!

I also respect your work-experience background as an Intelligence Officer for the Men In Black, and that I can only dream of the day I get as much pussy as you proudly claim to enjoy.

You really are the hard-working, reliable, honest, working-man's hero.

You're my role-model.
 
Lol dude. Lol. But I didn't even spill the beans about my idea. Yeah, I think wasting my time trying to get VC funding is stupid. I should just spend that time finding a programmer. Thanks guys for stearing me right.



I like your idea katoved, I found it interesting and inspiring.

It truly is a unique idea for the web, and I can foresee great sucess for your endeavours.

Your previous work, that appears prominently and presented well on your business portfolio site is remarkable!

I also respect your work-experience background as an Intelligence Officer for the Men In Black, and that I can only dream of the day I get as much pussy as you proudly claim to enjoy.

You really are the hard-working, reliable, honest, working-man's hero.

You're my role-model.
 
I used to work for a VC firm. Make sure you have the following

1) a solid business plan

2) relatively innovative idea

3) some legal protection or plan of legal protection for your innovative idea

4) proof of concept or initial revenue.


Best of luck, man
 
You need to have the team, experience, and a working, developed prototype for them to give you the time of day.

You're better off finding private investors before jumping into the VC scene. It isn't as simple as "hey, i got a great idea. here's a fancy powerpoint. now can I have 10 million to develop it?".
 
Maybe he can do a case study here is list of VC compaines....Call them up let us know what they say...Tell them you have a idea ****no business plan, BUT A IDEA!!!! and you would like for them to loan you 200,000 plus dollars base on your ****IDEA*****:smokin:
 
...Tell them you have a idea ****no business plan, BUT A IDEA!!!! and you would like for them to loan you 200,000 plus dollars base on your ****IDEA*****:smokin:

To be fair, he did say he would write up a business plan in a day.
 
Maybe he can do a case study here is list of VC compaines....Call them up let us know what they say...Tell them you have a idea ****no business plan, BUT A IDEA!!!! and you would like for them to loan you 200,000 plus dollars base on your ****IDEA*****:smokin:

I'd bet he couldn't even get a decision maker at a big VC firm on the phone.
 
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