INNOVATION BLUES

A few years ago I set up a fledgling company to
commercialise what I considered to be a good idea
for a new product.   What I discovered was that
there are far more  vultures out there than angels
and some vultures are disguised as angels!
Caveat inventor!
The song is a variation of an old Music Hall song.​​​​​​

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You're a really clever fella - you solve problems with ease;
You’re gonna to make your fortune.  Everyone agrees
That hard work and dedication will take you to your goal
'Cause you've got a really good idea.
 
The government wants to encourage innovation;
Seems the UK can invent but can't do exploitation.
You'll get a grant to do it but you need matching private funds
From angels, but the angels are no angels!
 
Still, you've written your application and entered the race.
You've presented, then revised and then revised again, your case
You've set up your company and given it a name,
And now you can start running your business
 
But -
 
Your chairman is one of the angels - he wants a bit
He wants a bit, and he takes a bit.
The incubator wants a bit,
The lawyer wants a bit,
Then the guy who makes the prototype - he wants a bit.
The patent agent wants a bit,
The evaluator wants a bit,
And the expert in market creation.
When they've all had their pickings of the grant you got
There's nothing left to do the innovation!