Published: September 22, 2016, 8:00 pm
The answer to that question can be summed up with one word: No. However, there are a lot of factors to consider.
This context is what defines the recommendation that you do not pitch those venture capital firms that have already invested in a direct competitor.
Here are a few reasons why you should look elsewhere for funding or further explore whether or not there might be some opportunity to work together.
There Might Be a Conflict of Interest
It is a conflict of interest for the VC and they have a fiduciary responsibility to the company they have already (Read more...