Fund a web2.0 business ?
One of the leading investors in early stage business, Josh Kopelman of First Round Capital has this to say
“I don’t look to fund Web 2.0 businesses – I look to fund good businesses. I don’t care if you use AJAX to develop your website any more than if you use Ajax to clean your office furniture — just show me how you will satisfy an urgent and pervasive customer need and how you will generate revenue.”