How did we get our idea for our startup?
| June 18, 2008 |
The following is from Ask The VC, where Brad Feld and Jason Mendelson of Foundry Group answer questions related to venture capital investment and startups:
Q: We just started looking for venture funding and I have a question. Why do VC's ask us how our idea came about? Are they looking for an emotional and inspiring story or are they worried that we may have taken our idea from someone else or, what I believe is the case, do they want to see if we were driven by an opening in the market that we observed? Of course, if we are giving our answer in a way that addresses one or two of these issues then you are probably missing the third. Please help!
Full Story: http://www.thedeal.com/techconfident ... -for-ou.php
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