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comment Going to be on national television to pitch my software - Need Advice
All investors want to know that you have some form of protection. Protection doesn't necessarily mean a patent - they're just looking to see that you have some competitive advantage. (Check out en.wikipedia.org/wiki/Porter_five_forces_analysis to see how they would judge your competitive advantage). Having a large user base is another popular "protection", and explains why twitter (which is super simple conceptually) is so valuable. You might be better off suggesting that you'll use their money (and all your profits) to vastly expand your user base.