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!