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"It's a completely new market," and "we have no current competitors" are usually looked upon with suspicion by sophisticated investors. It's rare to have a comp
by Flemlord 19y ago
"It's a completely new market," and "we have no current competitors" are usually looked upon with suspicion by sophisticated investors. It's rare to have a completely new market--Google, Microsoft, Apple, Facebook... they all had competitors and were going after a specific market.
Update: I'm not saying you haven't discovered a completely new market, just that it's very rare.
- iamdave 19y agoPerhaps new 'market sector' is more appropriate? I plan to have a writeup of my idea done sometime by the end of next week so hopefully it will make a little more sense why I use the rhetoric I have. But I certainly understand what you're saying.