If you’ve spent any time on the networking side of the tech industry, you’ve probably heard of Newton’s Telecom Dictionary. The man responsible for the dictionary is Harry Newton who is now in search of the perfect investment. Take a look at the second item of today’s column where he says “Software is the easiest industry to get into, but the hardest to succeed in. ”
Harry presents three different types of software companies and comments on each from an investors point of view. Harry is definitely talking about dollar figures that are well above what a lot microISV software companies are even shooting for (even though it would be nice) but its always interesting to read about what people who have money to invest are looking for.