Most people just kicked us out because
the model for venture capital was-and it is still to some extent this way today, but certainly was 10 years ago-their ideal companies are ones where people come in and say, "We have this idea. Here's the market. Here's the size. I want $5 million, and I'll be profitable from day one. And I'll give you half my company."
TiVo cofounder on what VC's expect
