Pre-requisites for seed capital?
All my reading up on Start Up funding sites such as this, lead to one conclusion, i.e. in order to get funding you need one or combo of: revenues, traction, ivy league founder/s, founders with past successful ventures or if none of the above, need social proof at a minimum. Is this right? How does a newbie with a great mobile app idea and passion and some seed capital (enough to get the non functioning prototype up) get funding to get his baby up and running!!?
I don't think boot strapping in mobile apps would work as if you skimp on the development you don't get a robust app and rack up negative reviews in no time!
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