May 14, 2010

Ouch.

"We do not invest in an idea, but in an enterpreneur or enterpreneur team. We have checked apx. 400 business plans in last three years and the idea itself is worth nothing in business. There is always 10 Slovenes more with the same idea, 50 Europeans, 100 Chinese... Business is competition - who will have the best team, the best strategy, the best marketing."

Slovenian Business Angels, Blaž Kos, coordinator (Slovene links: 1, 2)

Photo: Dejan