Venture Capitalists with Short Attention Spans
from the no-wonder-some-of-these-dot-coms-get-funded dept
If you wanted confirmation that the VC industry is all about investing in the latest buzzword here’s a report about how many VCs now give people 30 to 60 seconds to pitch an idea. It’s wonderful when you’ve been working on a very detailed and complex idea in a month and have 30 seconds to convince someone who believes they know it all that you’ve got all the answers. The trick seems to be buzzwords.