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This is fascinating (and unfortunate). So on a broader scale, it seems that your problems can be related to geography - which sounds like a much different issue
by booneshakalaka 9y ago
This is fascinating (and unfortunate). So on a broader scale, it seems that your problems can be related to geography - which sounds like a much different issue than geography being a problem in the US (not in SV, NY, or Boston).
How have you dealt with this so far? Are you still pursuing your idea?
- muzani 9y agoWe sold off the company. It's just not possible to build a company that doesn't bootstrap. But where there's a problem, there's also an opportunity. It's not necessarily a bad thing. It means that competitors are either poorly funded or on a political leash by VCs. It's possible to do "low hanging fruit" companies, knowing that someone can't just come in and compete. They'd have to work about half a year just to secure angel funding. And the lack of good early stage VCs means that we could become early stage VCs in a few years.