[anovikov]

That's right. That shit is hard. But it's the only possible niche for someone who's an outsider and doesn't have a Valley network: do something legit companies can't do for regulatory reasons. Otherwise, well-funded companies with deeply networked founders where both funding and actual sales are done between people who knew each other from school or are relatives, they will just eat your market and will never even notice you.

[bittwiddle]

Or the better formula: Find a small niche you're passionate about, thats too small for the large companies but perfectly reasonable for you and small/mid size team.