Sorry If I may have came off as an ass with the post. The point I was trying to make is that I truly didnt get any feedback on my product, besides the point of lack of market validation. IN my executive statement I sent a link to my beta, which he didnt visit until I was on the phone with him. Market validation is important, but I feel that id you have a functional beta as well as a concept or plan the least you can so is go through it b4 saying lack of market validation is the end all be all.
I rarely see a VC or incubator read the entire statement or much less click through to a beta. They care about numbers. You could have the next Google or FB but if you can't show that people will (or are) using it then what's the point? For me, I had to do an alpha test w/75 users and I have hundreds in my private beta and have tons of articles and market research to show traction and I still get questions about "enough traction". Just think about it from the VC perspective: "How much am I going to get back on my return" That's ALL they care about. That's all they should care about. Plus, its not up to them to give you feedback. You need to get people on your product and ask them for feedback, iterate based on their feedback and then start shopping it around to people in your space and get their feedback. After that, you go to investors.
