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Funding for non-revolutionary startup? - I will not promote
I'm currently in the process of self funding a project that isn't revolutionary. I would go so far as to say it's unsexy, possibly even boring. It's in a space that has considerable expected growth both in the US and globally, something on the order of 100's of billions in the next 10 years. The primary competitor in the space has raised $30m overall with pre-seed from some notable investors due to connections (at least according to Crunchbase). My question is: how difficult would it be to get seed funding for a non-revolutionary startup in an established space when I have no track record as a founder (technical but no experience at FAANG). Is pointing to a competitor and saying "there's a market for this, you can get in early on a competitor" a good idea? I well aware the extent of my skillset and I could seriously benefit from some additional engineers to get this product out sooner. My goals for this company are also somewhat at odds from how I perceive VCs. I'm interested in beating competitors on price/value, quality and customer service. I want long-term sustainable growth with no interest in selling. I don't want to get rich as quickly as possible. EDIT: Based on the few comments I've received, and many downvotes. I need to get a better understanding of the possible funding sources and just talk to some real people. Thanks for the input.3
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