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Couple of things learned from Damsel’s Den 2010 

Two things learned from Bill Payne on the Damsel’s Den on Tuesday night:

  1. 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
  2. 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.
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