A VC focuses on…
1. Track Record – Your successes.
2. Proof of Concept – Your product.
3. Team – Your people.
4. Idea – Your vision.
… in that order
… in Serbia.
(Source: Milos, a cool guy who managed to sell a food service startup in Serbia.)
Copyright © 2010 Kevin Chiu. All rights reserved.
not quite. Check David's great talk on TED.
http://www.ted.com/index.php/talks/david_s_rose...
Yeah, saw that talk. I should add an addendum to my article… (only applicable in Serbia).