Decius wrote:

flynn23 wrote:
sounds more like a puppy farm

Define?

From time to time, early stage incubators or angel networks tend to prey on the young, energetic, and inexperienced technical class. So sure, they might fund you for a few months to do nothing but craft your idea into something, but I'm sure they'll also take an 80% equity stake as well with unfavorable terms for the entrepreneur.

I think it's best if people who have great ideas but little experience in developing them or turning them into a business to seek out people that they can trust to help them hone the idea. Having 'money people' do this for you can yield poor results and I believe stunts the development of potentially brilliant entrepreneurs.

RE: Put on your thinking caps