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I'm a very stupid and naive person when it comes to this kind of thing, but if I were such a founder, I'd be a little worried that such a VC would invest in a d

by Retra 10y ago

I'm a very stupid and naive person when it comes to this kind of thing, but if I were such a founder, I'd be a little worried that such a VC would invest in a direct competitor to me if I didn't take their check. Of course, they might do that anyway (and other's surely would,) but at least I can imagine competing better if I had more funding.

graycat 10y ago
You want to be defensible, to have a barrier to entry, e.g., to have done some original research that is a bit too obscure for nearly everyone in IT VC and their entrepreneurs, some research that is the powerful, valuable, crucial enabling core of the whole project. That is, want some secret sauce -- no secret sauce, no Big Mac. You want the product/service of your startup to be difficult to duplicate or equal. If it is really easy for others to duplicate or equal your work, then do some work that is not so easy.