Are there any VC-type investment groups that aren't chasing huge returns? For instance, I'm working on some technology that could relatively easily get to be a several million dollar company - a similar product was sold to Oracle for $20M. I need about $80K to develop and launch it solidly, though I'm trying to bootstrap (got a $100K/yr verbal commit from a potential customer -- but I need the product first).
Or is it simply not worth looking for outside investors and instead should I just bother family and friends and whatnot?
Or is it simply not worth looking for outside investors and instead should I just bother family and friends and whatnot?