I still get business plans, looking for an investor, that say all too clearly that the primary “use of funds” will be to do research and development (R&D) on some promising new technology, like superconductivity or cancer cures. Investors are looking for commercial products to make money, rather than R&D sunk costs, so your investment hopes are sunk as well.
Angel and VC Investors Won’t Fund Your Research
Posted by
martinzwilling under Startups
From http://blog.startupprofessionals.com 4235 days ago
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