Comment by pclowes
1 day 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?
1 day 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