Success in the software industry does not necessarily require VC backing. While a small percentage of apps in the App Store are VC-backed, a significant portion of the dollars spent on mobile apps go to non-VC-backed companies like Amazon and eBay. It is not essential to have VC funding to succeed in the industry. Making a successful software product that enables a good life without VC backing also constitutes a win. The story of a friend who generated significant income with minimal maintenance time exemplifies that success without VC backing is achievable and can lead to a fulfilling life.

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