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How to Predict if a New Business Idea is Any Good

October 21, 2015 /

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Dorsey & Whitney - An International business law firm, applying a business perspective to clients' needs in Missoula, Montana and beyond.

In 2008, entrepreneur Brian Chesky and his two San Francisco roommates made the rounds of Silicon Valley VC firms with what they thought was a great idea: a website and mobile app that would allow homeowners to open their homes to strangers to sleep on their floor while traveling, in exchange for a nightly fee.

Five VC firms rejected the nascent company’s pitch outright, and another two didn’t even bother to reply. "They didn’t know it would turn out to be a multibillion dollar industry."

by Michael Blanding

Full Story: http://hbswk.hbs.edu/item/how-to-predict-if-a-new-business-idea-is-any-good?cid=SPemail-spridMTg0NjcxNzMxMTUS1-spmid12351553

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Prospera helps businesses and communities find their pathway to success, acting as the navigator, problem solver and catalyst for a strong Montana economy.

Bozeman is a rapidly growing city with a high quality of life in part due to the easy access to the outdoors, burgeoning tech industry, and cultural experiences it offers.

Big Sky Commerce is an integrated provider of merchant credit card transaction processing services, check processing services, Internet payment gateways, related software application products and value-added services.
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Dorsey & Whitney - An International business law firm, applying a business perspective to clients' needs in Missoula, Montana and beyond.

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