This is great for niche SaaS that can get recurring revenue going within 6 months but might have market size challenges that would make it difficult to get vent

This is great for niche SaaS that can get recurring revenue going within 6 months but might have market size challenges that would make it difficult to get venture backing. But if all you need to do that is $100K, there are a lot of ways to get that (like saving money for a couple years).