Venture Capitalists - What Are They Looking For?

As a developer, i don't understand the way venture capitalists think. So could you run through that example a little bit and explain how it makes fund raising easier? Ok, let's start with what is the vent capitalist doing? They're investing money in companies that have the potential to grow a huge amount, but also might be complete failures. And so when you're looking for money, you're not so much looking for sure thing. You're looking for something that, if it is successful, is going to return a thousandfold.