Vitaliy wrote: > Walter Banks wrote: > > The flaw is many developments fail, perhaps as many as 80% of the > > innovative developments fail to generate enough revenue to pay the > > development costs. > > What is the source for this statistic? > In my past I worked with a venture capital company that did a lot of investing in innovation based companies. They were focused on real innovation (leading edge kind of stuff) The stuff we have seen from Byte Craft confirms this as well. Innovation companies have an exponential model that when they hit it can be very profitable. The number is not as squewed as it may seem. Walter.. -- http://www.piclist.com PIC/SX FAQ & list archive View/change your membership options at http://mailman.mit.edu/mailman/listinfo/piclist