10 Products You Shouldn’t Pitch to Venture Capitalists
Unless you like rejection…
Times are tough and people are looking for new ways to make money. The more entrepreneurial of us are constantly trying to come up with million dollar ideas to pitch to venture capitalists in the hope they’ll get money to develop their idea, and if you’ve ever seen shows like Dragon’s Den in the UK and Canada (among others) or Shark Tank in the US, you’ll know that some people have some seriously bad ideas that they think are completely awesome and for which they fully expect a billion trillion dollars. They call these people “lunatics,” but even at their worst, their foolish ideas aren’t as bad as some of the saner ones. So I’ve decided to see how bad the ideas could get, and came up with my own list of horrible product or business ideas. Enjoy.
- 10. Used dog toys
- 9. Hybrid speculum/cork extractor
- 8. Home Dentistry Kit
- 7. 811–A number people can call to tell someone everything is going OK today.
- 6. Hypodermic needle recycling
- 5. Steel wool bath puffs
- 4. Tiger Balm Lube
- 3. Do-it-yourself Circumcision kit
- 2. Squid leash
- 1. Vinegar and baking soda douche