i will prefer to made myself if i have limited funds ,may take frnds advice

But if i don't have funds i will go to venture capital
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First off everyone and their grandma has a huge website idea. Gone are the days of slapping something together and waiting for the cash to pour in.

Without a prototype, solid relevant traffic or community and a good business track record most VC's wouldn't even consider investing.

VC's on the prowl would probably just steal your idea and farm it out to a bunch of cheap coders.

My advice is start the project with your own capital or personal loans. Before contacting VC's you need show them financials with good potential growth.

Give me a ping when you're ready. :)

Good luck, don't give up.
Source(s):
Personal experience of selling a company to a large internet player (top 5).

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oh, this is really a loaded question.

you asked what would "I" do, but it seems like you are asking what "you" should do.

myself, i have experience with making and promoting websites, so i would probably do it myself... or at least think about it. - i actually have an idea that i just haven't had time to work out the details on.

but you... i don't know your experience level. i think for any idea it is best to get it documented before approaching anyone... so you can prove it was your idea.

write out your idea with as much detail as possible and mail it to your self snail-mail through the post office. then DO NOT OPEN IT. just put it in a safe place with the seal intact and that lovely postmark date printed on the front. that is your proof if your idea is stolen during your journey to making it work.

if you are looking for venture capital... definitely check out @robbrown's links. he seems to know what he is talking about on this subject. i've seen some other things he's posted on this.

and there is nothing stopping you from hiring someone to do the coding for your website. sites like elance and rentacoder have systems in place to help you meet professionals who can help you get your projects done, and both have escrow, so no one can run off with your money if they don't deliver. (yes, i know rentacoder is primarily for software projects, but depending on your project, some do websites)

you have options. and asking here is a great way to find out what some of them are, in my opinion.

hope that helps a little.
Source(s):
my 2 cents... and a little experience on the web...

http://www.elance.com
http://www.rentacoder.com

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I am actually in the process of doing this myself. My 2 cents; even if you would like to go to Venture capital or ANY outside funding, you need to have a good foundation built so that they can see what they are investing in.

I recommend doing everything you can to build it yourself...once you have the basic foundation build you can then make an educated decision whether or not you want to pursue outside funding and give up equity to do so.

You may find that you can just keep plugging along yourself.

Try to build a team by giving them equity so that you can get there sooner than later.

CK
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