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I had the same experience. A VC explicitly told me that he doesn’t fund any startup that is trying to create a new market, because he doesn’t know if that marke
by CPLNTN 5y ago
I had the same experience. A VC explicitly told me that he doesn’t fund any startup that is trying to create a new market, because he doesn’t know if that market actually exist and if it does he doesn’t know if it is profitable. Instead funding a startup that plays in an already existing market, as long as the startup does thing “better or in a unique way” is a much safer play.
- mrb 5y agoWe angels love to exploit what VCs won't touch with a ten-foot pole ;-) If you are a founder—any industry—hit me up and hopefully I'll fund you! Email m@zorinaq.com I don't care if I don't know an industry. I look mostly for qualities and unique characteristics in the founders themselves.
- 1cvmask 5y agoWhat do you look for in a founder and how is it fundamentally different to a VC? Any examples of investments you made. Some angels became eventually super successful and then set up their own VCs. Would that be part of your plan later on?
- cvwright 5y agoEmail sent. Dude you asked for it :)
- nikanj 5y ago"X, but with blockchain" seems to be be the new "X, but on the internet" for getting VC funding.