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What are Your Barriers to Entry?

This question arises in every meeting with a prospective VC investor. It is also the most vexing issue for the both the VC and the company looking for an investment. If taken literally, both sides are looking for some impenetrable advantage that assures a monopoly, however tiny, for this new company. The “barrier to entry” is the small company’s insurance against annihilation.

Ain’t no such thing.

Full Story: http://earlystagevc.typepad.com/earlystagevc/2006/04/what_are_your_b.html

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