from Hacker News

The best questions we got while raising venture capital

by ujjwalg on 11/18/09, 8:39 PM with 10 comments

• by jbyers on 11/19/09, 1:36 AM

  "7. What’s your secret sauce? ... We hope to come up with Something Big in 2010."

  Hmm. I harbor hope that he's kidding. I'm more and more a believer that the only secret sauce that matters is relentless execution and incremental improvement over many years. Sure, some companies will happen upon the magical product-technology-market puzzle piece that ends up being worth a billion dollars, but that's playing the lottery, not running a business.

• by gregparadee on 11/19/09, 1:50 PM

  Great article, well above the standards of Techcrunch lately. I agree with the seven deadly sins being the best advice on there. VC's want to know why people wont stop using your idea not why they will want too.

• by pvandehaar on 11/20/09, 11:00 PM

  "6. What are the accelerating effects?" Roughly equivalent to "What makes you idea viral?" ?

• by zackattack on 11/19/09, 12:45 AM

  Wow, seven deadly sins is one of the best pieces of advice I've read.

• by vaksel on 11/18/09, 11:49 PM

  75 points without a single comment? WTF