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From: barry_night-person_stevens@cup.portal.com
Newsgroups: comp.ai
Subject: you CAN get funding, continued
Message-ID: <1002@cup.portal.com>
Date: Sat, 17-Oct-87 14:32:14 EDT
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Posted: Sat Oct 17 14:32:14 1987
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Also, venture capital firms are cautious about startups. Most prefer to let
someone else take the big risks. A few firms, such as Crosspoint and
The Sprout Group, will deal with seed.

To get funding from a professional source, you need more than a top drawer
product idea. You need a quality management team, or the knowledge that one
needs to be built; you need a good marketing study, PROVING that a demand
for your product exists, and sizing that demand. These, at a minimum.

If you also have a good handle on how your venture will work operationally,
you are just that much better off. Most of all, you'll need a good estimate
of what needs to be done to get your idea into production, and how much it
will cost. You also need a top-quality professional technical team to
do it with.