I must be very, very bad at the game of raising capital, or my idea stinks; There are people here on the Peninsula that have a light bulb pop over their heads, and a few weeks later incorporate with funding. Another vexing problem with my proposed venture is that my system prototype is client server, and my plan is for Web-based. When I had the personal funds to get the Webware version prototyped, I instead schlepped around country pitching, working in between pitches, and getting nothing done. Now I don't have the current several 100k to make the workable prototype - that could change with my next consulting contract, however.
I did a great deal of programming back in the mid-80's and early 90's - I bought books to teach myself Ruby on Rails, and was fascinated, but I realized it would have taken me at least a year, maybe two to acquire the acumen to prototype the system, and that still didn't leave room for the J2ME part for the mobile handsets.
Plus, the ThruDispatch system business model is, plainly, un-sexy in that it services a blue-collar constituency. I routinely work in IT company's, telecoms organizations, and network infrastructure vendors. So, I know a lot of good, talented programmers. If I can get them to read or let me describe ThruDispatch, they are mildly interested. But in the end, you have to know the independent automotive trade and it's dark ways to understand why my ThruDispatch architecture and business model is, in essence, a good idea.
I would dare say that the technical community and the equity investing (startup focused) is rightfully uninformed as to the prevailing business models of independent services that are itinerant and mobile. This stands in stark contrast to the model of centralized fleets, where hordes of captive, corporate owned vehicles use radio dispatcher control or mobile data to manage work orders; everyone understands that predominant model.
So potential investors ask the same questions, and they were perfectly crystallized on the "You be the VC" website. I will here reproduce the questions and my answers: