I think the best way to attract venture capital is to try and come up with a demonstration of whatever product or service it is and ideally take that as far as you can. Just see if you can sell that to real customers and start generating some momentum. The further along you can get with that, the more likely you are to get funding.
I think generally people’s thinking process is too bound by convention or analogy to prior experiences. It’s rare that people try to think of something on a first principles basis. They’ll say, “We’ll do that because it’s always been done that way.” Or they’ll not do it because “Well, nobody’s ever done that, so it must not be good.” But that’s just a ridiculous way to think. You have to build up the reasoning from the ground up—“from the first principles” is the phrase that’s used in physics. You look at the fundamentals and construct your reasoning from that, and then you see if you have a conclusion that works or doesn’t work, and it may or may not be different from what people have done in the past.
The thing that I care about is—when I look into the future, I see the future as a series of branching probability streams. So you have to ask, what are we doing to move down the good stream—the one that’s likely to make for a good future? Because otherwise, you look ahead, and it’s like “Oh it’s dark.” If you’re projecting to the future, and you’re saying “Wow, we’re gonna end up in some terrible situation,” that’s depressing.
I was at one point thinking about doing physics as a career—I did undergrad in physics—but in order to really advance physics these days, you need the data. Physics is fundamentally governed by the progress of engineering. This debate—“Which is better, engineers or scientists? Aren’t scientists better? Wasn’t Einstein the smartest person?”—personally, I think that engineering is better because in the absence of the engineering, you do not have the data. You just hit a limit. And yeah, you can be real smart within the context of the limit of the data you have, but unless you have a way to get more data, you can’t make progress. Like look at Galileo. He engineered the telescope—that’s what allowed him to see that Jupiter had moons. The limiting factor, if you will, is the engineering. And if you want to advance civilization, you must address the limiting factor. Therefore, you must address the engineering.
When I was a little kid, I was really scared of the dark. But then I came to understand, dark just means the absence of photons in the visible wavelength—400 to 700 nanometers. Then I thought, well it’s really silly to be afraid of a lack of photons. Then I wasn’t afraid of the dark anymore after that.