Good Technology Is Nice; A Good Idea Is Better - Forbes.com

A good idea is better for obtaining venture capital than new technology, on that people seem to be agreed. And there seems to be lots of venture capital out there, although the current liquidity crunch in the equity markets will change that. However there still is debate about whether a good business model is required up front. When the dot.com bubble burst in the nineties, we learned the importance of a good business model. Are we getting slack again? Good Technology Is Nice; A Good Idea Is Better - Forbes.com