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1. jitix+lw[view] [source] 2017-08-02 18:48:57
>>RBBron+(OP)
Awesome idea! And a noble cause. But one word of advice - since this is a niche market you guys should focus on natural growth and profitability instead of getting too much VC money to fuel explosive growth.
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2. advent+qx[view] [source] 2017-08-02 18:56:06
>>jitix+lw
I don't understand how 30% of Americans is a niche market? Can you elaborate some more?
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3. jitix+mE[view] [source] 2017-08-02 19:47:27
>>advent+qx
Its niche because the idea can be easily replicated by the incumbents in the industry. And it will be hard to scale at a global scale because the perception about ex-cons varies a lot in different countries.

As such the profits wont be able to keep up with VCs expectations if they invest 100s of millions of dollars. OP has a great first mover advantage and knowledge of the market, and they can capitalize that but the idea isn't worth billions.

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