Re:Welcome Peter
by fsk on Tuesday March 10, 2015 @08:05PM
(#9181654)
Also, if you're a 25-30+ year old tech worker, and aren't financially incompetent, you probably have some savings and can use that as your seed funding instead of needing to join an accelerator.
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That and the fact that you can bootstrap _most_ startups either by maintaining a full time job or consulting part time. The options for creating a tech business are endless but the Silicon Valley hive mind has done a good job of convincing a lot of people that you need to do it a very specific way.
Another niche worth targeting (that VCs wouldn't bother with) is a business that has potential revenue of $200k-$1M per year. That isn't the home run that VCs would want, but it is enough to support a team of 1-5 people.