Venture capitalists should have time for their companies, and patience. But with so much money to invest, time is not a luxury they can afford. Today, if you want to fund an e-retailer, a content company, a small specialty media company, you have a problem. The majority of the VCs, having been burned by the Internet, won't touch it. You may have a very good business plan, but it will take time for the VCs to understand it, to understand why this one is different.
Venture capitalists are long on money and short on time.
You already know. I would say ninety percent of the deals I see getting funded in the US and Europe are in these areas. I think it's because it's relatively easy to see where certain trends are going. Broadband is the coming thing. Wireless will be huge.