Comment by Joel_Mckay

"Everyone wants investment from venture capitalists"

No they don't, why should anyone sane pay for working capital with equity. If all a VC brings to the table is cash, than they are functionally a bank loan with really terrible terms.

One can tell a bad idea when you have to explain its value proposition to people, at that point it is a vanity project already non-viable.

Rule #14: "Never outsource economic control structures, or one may end up indentured"