Competitor just raised a $20mill series B with a few VC’s that could bring value to our operations. We are earlier stage with more growth than competitor. Do I reach out or go another route?
I'd pitch the exact same VC or pitch this VC's competitors.
Or call up the CEO of the company who received the investment + book a meeting to ask their advice about getting VC capitol.
If you can scare the CEO enough, they might buy you out.