If all you have is an idea for a business model, then it is in no way realistic to expect funding from anAngel Investor, much less a VC.
If you have an Ivy League (or equivalent) education, relevant experience, a great network of potential partners, a team with similar backgrounds, the ability to execute on your idea without any outside funding AND an idea for a business model, then it is possible to receive funding without having actually done anything, yet still highly unlikely.
Think of it this way:
When do you find it acceptable to pay for your breakfast?
- After you have eaten it
- When you enter the restaurant
- When the egg is laid
- When the chicken who is eventually going to lay your egg is about to hatch
Wanting a VC to pay for just an idea is like #4. Someday, that chicken Might lay an Egg that turns into your breakfast – but it might not even hatch.
Originally Posted: https://www.quora.com/Is-it-realistic-to-expect-funding-from-VCs-with-an-awesome-business-idea-and-business-model-Would-it-work-if-I-build-a-solid-prototype-operating-it-with-some-real-clients
Originally Posted On: 2015-08-10