Couple of things learned from Damsel’s Den 2010
Two things learned from Bill Payne on the Damsel’s Den on Tuesday night:
- When VCs are approached by entrepreneurs, they DO NOT want to know about the product, they want to know about the business. My interpretation: unless you figured out how you might turn your great idea into a business, don’t waste your time. Coz product means nothing if it won’t generate money
- Young people starts from solving engineering problems or fight world disease. It’s all wrong, they should start from creation of jobs and wealth.
Posted on Wednesday, March 10 2010.