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IS it possible?Expand / Collapse
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Posted 10/18/2007 8:12:48 PM
BabyFodder

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Last Login: 10/18/2007 10:00:56 PM
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I’ve been in the IT field for what seems like forever. I’ve done both sides from hacker teen to security pro. I’m not a coder but have an idea for a way to stop illegal PtoP, child porn and movie/music downloading at the ISP level without interfering with legit bit torrent or legit PtoP.

Since the music industry is rabid about stopping the illegal download of music and movies I know this would work, but is it possible to find a VC that is willing to fund the development of a project like this without a working model already. Dev time would be less the one year and the system would be expanded to also include the more traditional Spam/Content and ant virus features in the future.

Thank you for your response in advance.

Post #1007
Posted 10/22/2007 5:17:55 PM
BabyFodder

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Last Login: 10/23/2007 5:02:11 PM
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I think you will find it highly unlikely that anyone will put up the investment just for an idea. The days of money for PowerPoint presentations died many many years ago. An investor is looking for a number of things but first and foremost, they are looking to see if you truly believe in your idea and if you do, that means you have already invested some of your own money into it and that means at least building some if not all of the code.

Secondly, anything that is going to take one year to develop, in my opinion needs to be reviewed and perhaps adjusted. That is just to long for a software developement project in any industry let alone a new venture. This I believe is also something that would deter a potential investor, he/she will not see anything for a year and then they will have to wait for launch, revenue generation etc.

I am not trying to be discouraging, just trying to point out a couple of things that you maybe need to think about.

Good luck with your venture

Laughinboy

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