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Are there any VC-type investment groups that aren't chasing huge returns? For instance, I'm working on some technology that could relatively easily get to be a several million dollar company - a similar product was sold to Oracle for $20M. I need about $80K to develop and launch it solidly, though I'm trying to bootstrap (got a $100K/yr verbal commit from a potential customer -- but I need the product first).

Or is it simply not worth looking for outside investors and instead should I just bother family and friends and whatnot?



Rule of thumb is to not bother family or friends. Not worth it for a lot of reasons. Also because you will most likely fail.




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