Investment

I'm a firm believer that you can learn something from anyone.  So last week, when I had the opportunity to discuss a web site project with someone, I decided to hear him out.  After talking with him for 15 minutes, I realized that this was a startup that I simply wanted nothing to do with.  Here are a few "common sense" things to keep in mind when trying to raise capital through venture capitalists (aka angel investors):

  • "I think one of the things that really separates us from the high primates is that we’re tool builders. I read a study that measured the efficiency of locomotion for various species on the planet. The condor used the least energy to move a kilometer. And, humans came in with a rather unimpressive showing, about a third of the way down the list. It was not too proud a showing for the crown of creation. So, that didn’t look so good. But, then somebody at Scientific American had the insight to test the efficiency of locomotion for a man on a bicycle. And, a man on a bicycle, a human on a bicycle, blew the condor away, completely off the top of the charts.

    And that’s what a computer is to me. What a computer is to me is it’s the most remarkable tool that we’ve ever come up with, and it’s the equivalent of a bicycle for our minds.”

    ~ Steve Jobs

More Inspirational Quotes

precision beats power