| How do people think of these ideas for venture capital firms?

How do people think of these ideas for venture capital firms?

willyoulovemetonight asked:


Okay look at the firm bellow and their list of companies. You will see first sensor technology. Okay how did the person who founded that company think of all that insanely elaborate crap or how to make it? Did he just wake up one day and like “oh I will make pressure equipment that will work”. What makes them competitive anyway can someone explain?

http://www.siemensventurecapital.com/portfolio/automation_control_infrastructures.html

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Comments

One Response to “How do people think of these ideas for venture capital firms?”

  1. tom bailey on April 9th, 2009 6:44 am

    Several possibilities

    #1 they worked in a similar industry for years
    #2 they read patents that come out on similar technologies
    #3 they network with someone that knows 1 or 2
    #4 they run into a problem that is solved by using that technology

    There are other possible answers as well. This is a very intelligent question you are asking here.