The answer is not black and white, but here are some of my thoughts: It is very difficult to beat VC-funded companies competing with you, even if you have a better mouse trap. They don't care if they lose on most startups, as long as they wing big on a few. To the contrary, with no money, you can not afford to lose. In that regard, competition from VC-funded companies, is unfair. If you have the…
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