"If I were a VC, the "elevator pitch" I'd ask for would be simply: 'Tell me how this thing helps the user kick ass?' If you can't answer that, don't bother launching your power point."

Don't build a web app anymore without most of these

Good startup starts

Business 2.0 found a bunch of VC's with money to burn

Find the right people, build a product people want, grow slowly and spend wisely. Sage advice [via /.]