The best questions we got while raising venture capital

  • "7. What’s your secret sauce? ... We hope to come up with Something Big in 2010."

    Hmm. I harbor hope that he's kidding. I'm more and more a believer that the only secret sauce that matters is relentless execution and incremental improvement over many years. Sure, some companies will happen upon the magical product-technology-market puzzle piece that ends up being worth a billion dollars, but that's playing the lottery, not running a business.

  • Great article, well above the standards of Techcrunch lately. I agree with the seven deadly sins being the best advice on there. VC's want to know why people wont stop using your idea not why they will want too.

  • "6. What are the accelerating effects?" Roughly equivalent to "What makes you idea viral?" ?

  • Wow, seven deadly sins is one of the best pieces of advice I've read.

  • 75 points without a single comment? WTF