What is wrong with venture capitalists?

Musings, Business, Technology Sunday 27 August 2006

I was reading the latest issue of Business 2.0 the other night, and a VC wants to put a Blackberry on the steering wheel of your car with a heads-up display. Not a bad idea, I thought, since people are using the things while driving anyway, laws be damned.

The part that gets me is that he is willing to back it with a COUPLE OF MILLION dollars to see if it works. Why not just give me a Blackberry and a hacksaw? A little careful cutting, some duct tape, and a mirror to reflect the screen image onto the windshield and the proof-of-concept is done. It would take two days and less than a thousand bucks to see if the idea works. Why the need for millions?