In today's European edition of the Wall Street Journal, Lee Gomes wrote an interesting column on Under the Radar's Why Web 2.0 Matters conference where start-ups presented their business plans to a panel of VCs and other judges.
"The advice came in the form of the sorts of probing questions (...) such as:
- Is what you are doing really a company or just a feature that will end up as part of some existing product?
- If you are trying to take on an incumbent player--Google, MySpace--do you do something 10 times better than they do?
- If you are developing something for the Web, what is to stop spammers from ruining everything you are trying to do?"
