
{"id":109,"date":"2006-08-30T16:37:18","date_gmt":"2006-08-30T23:37:18","guid":{"rendered":"http:\/\/www.montaraventures.com\/blog\/?p=109"},"modified":"2006-08-30T17:44:00","modified_gmt":"2006-08-31T00:44:00","slug":"not-every-idea-is-a-good-idea","status":"publish","type":"post","link":"https:\/\/montaraventures.com\/blog\/2006\/08\/30\/not-every-idea-is-a-good-idea\/","title":{"rendered":"Not every idea is a good idea"},"content":{"rendered":"<p>\nA few days ago I posted <a href=\"https:\/\/www.montaraventures.com\/blog\/?page=98\">an entry on 20 ideas venture capitalists would be willing to back<\/a> with $100M. Well, <a href=\"https:\/\/money.cnn.com\/magazines\/business2\/\">Business 2.0<\/a> released the antithesis for that today in a short and direct article; <a href=\"https:\/\/money.cnn.com\/2006\/08\/30\/smbusiness\/worst_ideas\/index.htm?section=money_topstories\">examples of ideas VCs won&#8217;t back<\/a>.<br \/>\n<br \/>\nThis list is harder to collect as VCs are very reluctant to discuss them, but everyone has seen some real stinkers over time. My favorite is the individual looking for $10M to make a film, based on a book, based on their life. A great way for investors to lose $10M fast.<br \/>\n<br \/>\nAnother great place to see some &#8220;interesting&#8221; ideas is <a href=\"https:\/\/www.patentlysilly.com\/\">Patently Silly<\/a>, a collection of ideas that might have been better left unrealized. Only in this case, the innovators went so far as to patent them. There&#8217;s a blog dedicated to <a href=\"https:\/\/badidea.typepad.com\/weblog\/\">bad ideas located here<\/a> &#8211; though it seems to be something of a cobweb. A <a href=\"https:\/\/www.google.com\/search?client=safari&#038;rls=en&#038;q=bad+invention&#038;ie=UTF-8&#038;oe=UTF-8\">Google search on bad invention<\/a> yields 16.4 million hits.<br \/>\n<br \/>\nThe challenge for all innovators and investors is to sort through the ideas recognizing that there are very few worthy of investment. And then, investors aren&#8217;t simply looking for a single shot, but investing in a team with experience able to churn out results based on those ideas time after time.<br \/>\n<br \/>\nEdison had it right when he said <i>&#8220;Genius is one percent inspiration and ninety-nine percent perspiration. Accordingly, a &#8216;genius&#8217; is often merely a person who has done his or her homework.&#8221;<\/i> Make sure you take the time to vet your ideas and your execution plans in advance of seeking funding for the best chance of positive results.<br \/>\n<br \/>\n<small>Technorati Tags:<a href=\"https:\/\/www.technorati.com\/tag\/venture+capital\" rel=\"tag\"> Venture Capital<\/a> | <a href=\"https:\/\/www.technorati.com\/tag\/investment\"> Investment<\/a> | <a href=\"https:\/\/www.technorati.com\/tag\/ideas\"> Ideas<\/a><\/small><\/p>\n","protected":false},"excerpt":{"rendered":"<p>A few days ago I posted an entry on 20 ideas venture capitalists would be willing to back with $100M. Well, Business 2.0 released the antithesis for that today in a short and direct article; examples of ideas VCs won&#8217;t back. This list is harder to collect as VCs are very reluctant to discuss them, [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[19],"tags":[],"_links":{"self":[{"href":"https:\/\/montaraventures.com\/blog\/wp-json\/wp\/v2\/posts\/109"}],"collection":[{"href":"https:\/\/montaraventures.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/montaraventures.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/montaraventures.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/montaraventures.com\/blog\/wp-json\/wp\/v2\/comments?post=109"}],"version-history":[{"count":0,"href":"https:\/\/montaraventures.com\/blog\/wp-json\/wp\/v2\/posts\/109\/revisions"}],"wp:attachment":[{"href":"https:\/\/montaraventures.com\/blog\/wp-json\/wp\/v2\/media?parent=109"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/montaraventures.com\/blog\/wp-json\/wp\/v2\/categories?post=109"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/montaraventures.com\/blog\/wp-json\/wp\/v2\/tags?post=109"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}