New venture outsourcing blog

If you’re an entrepreneur or even just a closet entrepreneur - you need to check out Business 2.0’s $100 Givaway. Business 2.0 asked a few venture capitalists for a list of ideas they’d like to see - and would be willing to fund.The ideas on here show an interesting array of breadth in fields from new batteries to social networking to creating another database vendor!Especially if you’ve ever had an idea rejected by a VC - you owe it to yourself to go read the list. Go find one idea that you can easily point at and laugh out loud about! It’ll be theraputic.I’ve spent a total of about 30 minutes reviewing the ideas - and they certainly were underwhelming to me. It’s amazing how often I hear new business ideas and say to myself, “That’s ridiculous.” It’s also amazing how often this ends up being the wrong call.I have, in the past, convinced myself that many, now very successful, technologies or businesses such as text messaging, Amazon, or even search advertising (at least I’ll admit it) were not great businesses. This humbling experience of remembering which ideas you liked and didn’t like, and evaluating the results, is something any VC has to go through. No one likes it, but it’s a fact of life for a VC and comes with the territory.The same is true for entrepreneurs. If you do this long enough you will get kicked out of at least one meeting at some point because person X thinks your idea Y is stupid.These guys are pros, and it’s nice to see that they’re no different.

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