Investors Do Not Fund Research And Development

I still get business plans, looking for an investor, that say all too clearly that the primary "use of funds" will be to do research and development (R&D) on some promising new technology, like superconductivity or cancer cures. Entrepreneurs forget that investors are looking for commercial products to make money, rather than R&D sunk costs, so investment hopes are sunk as well.

Martin Zwilling

Full Story: http://blog.startupprofessionals.com/2013/11/investors-do-not-fund-research-and.html