Comment by pclowes
10 months ago
Maybe for something truly novel, but the exception proves the rule here IMO.
What is an example of a not simple idea pure software play that would require VC funding at the earliest stage?
10 months ago
Maybe for something truly novel, but the exception proves the rule here IMO.
What is an example of a not simple idea pure software play that would require VC funding at the earliest stage?
VC funding is often required for companies that require a lot of runway prior to selling. The example that comes to mind are database companies like Mongo, dgraph, scylla etc. These require a fair amount of upfront work to create the product before their usable. A different example are industries that require a fair amount of compliance like healthcare, banking etc