How do VCs evaluate whether a new technology can be commercialized?

Russ Wilcox Partner at Pillar VC

Russ Wilcox, Partner at Pillar VC, says VC’s will first ask themselves whether the invention is of commercial value. If they do think it’s valuable, they will ask you what your plans are and how you intend to move it out of the lab and into production. They might also ask experts in the field if this is a rational timeline and amount of capital.