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Toughest Stage to Pass
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Brett Trembly
43,000
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What is the toughest stage to pass? Or, put another way, which stage inherently presents to toughest hurdles to overcome?

posted January 16, 2012 12:29 (
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James Chapman
155,750
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Yes Debora… who has time to be virtuous though? Lol… j/k… Hang in there!

posted January 18, 2012 09:50 (
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Debra Weisser
14,000
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Patience is a virtue

posted January 18, 2012 09:02 (
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Darwin Roth

Andrea, and I am sitting on 3, sounds like just what every one is saying.

posted January 18, 2012 06:49 (
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Andrea Zabinski
742,000
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Yup, with you all on stage 4 and 5, but 4 most of all. That’s where you see about 65% go out…

posted January 17, 2012 14:20 (
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tremblybrett's Avatargold
Brett Trembly
43,000
Insider Points

I figured 4 and 5 would be the toughest, not counting 8, of course, since there is a small probability a company chooses to invest so much money in any one given product. If the product is unique, stage 4 doesn’t seem like such a big hurdle. Stage 5, however, seems huge because there are likely so many other great ideas from this community. Thanks for all the great feedback!

posted January 17, 2012 13:48 (
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Michael Heagerty
404,500
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I would agree…4 is the toughest with 5 as a close second. If it’s an LPS, I feel some what comfortable with 6 and sometimes 7.
However, the G5s that I now have in the Fund Search keep me anxious. Not so much for the 6 as for the 7.

Best to you in your journey Brett!

posted January 16, 2012 16:58 (
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chappy75's Avatargold
James Chapman
155,750
Insider Points

Yeah, stage 4 claims the most casualties and each stage has its caveats. There is a huge sigh of relief with a G4. It means that you read the requirements correctly and have something they want to look into further. Of course, stage 5 will get you but stage 6 actually puts the details of your project up against the IP of the world… there is just something daunting about that. Stage 7 is plain scary; I think of all the other submissions in the search and ask myself, “why is mine a contender?” Of course, being subjected to the scrutiny of the sponsor is bittersweet. More bitter than sweet if they pass on the project which is more likely than not.

The process overall is rewarding allbeit a rollercoaster.

Which do you think would be the most difficult?

posted January 16, 2012 13:50 (
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Colonel Steve "Chris" Austin

Brett,
Stage 8 would actually be the toughest, but I know that is not what you are looking for.
Of the process to get to stage 8, I think overwhelmingly it would be stage 4. I believe this is due to ideas not matching the LPS requirements or more than likely, the ideas were Insider opt-ins. Since it does not cost to opt-in, many will submit an idea because there is nothing to lose.

posted January 16, 2012 12:45 (
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