Well ok, not really. Acquiring venture capital still takes a lot of preparation as well as market research not to mention a killer idea, although this requirement is becoming less and and less stringent.
With all this VC floating around I can’t help but venture a Cautio.us guess about a second dot com boom, except this time it might be more appropriate to call it a “dot clever domain name boom”. Sorry bad joke. It seems to be more and more prevalent that companies, like in the first dot com boom, that do not have a solid plan for making money are receiving VC funds and are simply banking on the prayer of get acquired by one of the big 5 (Google, AOL, News Corp, Microsoft, Yahoo). Take for example YouTube, which raised 11.5 million in VC last year and is only now starting to incorporate ads into the user experience they provide, yet they spend nearly $1 million dollars a month in bandwidth. Internet video has benefit immensely from the YouTube craze by allowing by anyone to add video to any page, free of charge, but a who’s expense?
TechCrunch has a list of the top 5 Web 2.0 friendly VC’s which is a site you’ll definitely want to bookmark for when that great idea does strike, and you need some funds to get the ball rolling. Top 5 Web 2.0 VC’s” via TechCrunch.
Venture Capital, now just a click away.
Sources:
Forbes Article
Top 5 Web 2.0 VC’s
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