BizSugar.com › Raising Capital › Do some investors ignore business plans?

An article in the New York Times' small business section reports on a Maryland University business school study that suggests venture capital firms often ignore business plans and even an entrepreneur's past startup experience when deciding what projects to fund preferring to go on instinct and their experience instead when judging a venture's possibilities for success. Thanks to Howie Rhee from the Center for Entrepreneurship and Innovation at Duke University who linked to this article from his own blog at http://howierhee.blogspot.com/