IEEE Innovation Nation Sri Lanka 2018

**Beacon** · 04-28-2018, 07:29 PM

Originally Posted by Gobi

Thank you.
The truth is GENERALLY what the companies are looking for is a marketable, profit seeking product, not for creative, creating-a-change idea.
That is why we need more events and sponsors who could train and fund ideas that really hold a potential in innovation, not just profit-wise.

Couldn't agree more on that! If you look at this issue in a different perspective such as potential angel investors, Venture capitalists point of view, Definitely they look at the founder and team before go through the businesses plan or traction! The problem here with our community is they are chasing investors without even have a basic sense about the startup culture and it's process.

**Shana** · 04-29-2018, 03:09 AM

Originally Posted by Beacon

Couldn't agree more on that! If you look at this issue in a different perspective such as potential angel investors, Venture capitalists point of view, Definitely they look at the founder and team before go through the businesses plan or traction! The problem here with our community is they are chasing investors without even have a basic sense about the startup culture and it's process.

Exactly! Let's hope there's still a space left for creativity in the industry.