All Information Is Available to Everyone All the Time

Today we are meeting with a former venture capitalist.  He says VCs are looking for:

·         Market opportunity

·         Leadership

·         Unfair advantage – like patents, etc.

·         Big brothers – like IBM launching the success of Microsoft and Intel

·         Right economy

Now, if you are an entrepreneurially minded person, the top three areas that VCs are interested in right now are:

·         Technology

·         Biotechnology

·         Green & clean technology

More narrowly, if you want to pursue a technology venture, the top three areas of focus are:

·         Mobility and smartphones – especially application development

·         Social networking

·         Cloud computing

The main reason they are looking at cloud computing (defined as using an application without having it loaded on your server) as one of the next big things is because “things obsolete themselves quickly”.

Simplicity is the underlying reason for success in the digital world.

Remember:  all information is available to everyone all the time.