From the Inc. magazine -
"The Best Show on Television Just Provided the Best Definition of a Great Business"
"What is it you do that you're the best in the world at? You offer a service you didn't invent, a formula you didn't invent, a delivery method you didn't invent. Nothing about what you do is patentable or a unique user experience. You haven't identified an isolated market segment, haven't truly branded your concept. You need me to go on?
So why would an investment bank put serious money into it? I all but told you that ahead of time, but you wouldn't listen. Now you've heard it, but it's too late. You. Weren't. Ready."
I add also that "only the paranoid survive" per the sage advice of the late Any Grove, the former Chairman of Intel.
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