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. Entrepreneurs forget that investors are looking for commercial products to make money, rather than R&D sunk costs, so investment hopes are sunk as well.
Investors Do Not Fund Research And Development
Posted by martinzwilling under StartupsFrom http://blog.startupprofessionals.com 4013 days ago
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4013 days ago