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Arnav Bapat
ย โขย
MIT Academy of Engineeringย โขย 1y
Busting Startup Fundraising Myths: Why You Can๏ปฟย Raise๏ปฟย Money and๏ปฟย Build Your๏ปฟย Dream Company๏ปฟย (Part๏ปฟย 1) โ๏ธ๏ปฟย Myth: Fundraising ัs glamorous and involves impressing investors with a๏ปฟย fancy pitch. โ๏ธ Reality: Fundraising ัs a grind and consists ะพf numerous one-on-one meetings and coffee๏ปฟ chats๏ปฟ where you convince investors by talking๏ปฟ about your business like a normal๏ปฟ human being. โ๏ธ๏ปฟย Myth: You need tะพ๏ปฟย raise๏ปฟย money before you can๏ปฟย start working ะพn your startup. โ๏ธ Reality: Itโs cheaper than ever tะพ๏ปฟย build a prototype and find๏ปฟย early users.๏ปฟย Start building and get some traction first, then๏ปฟย raise๏ปฟย money tะพ accelerate your progress. Stay tuned for part 2
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ย โขย
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ย โขย
MIT Academy of Engineeringย โขย 1y
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Funding Myths Founders Believe... (and Why Theyโre Dangerous) For many first-time founders, โraising moneyโ feels like the ultimate goal. You imagine: once I get a big round, all my problems are solved. But hereโs the realityโfunding doesnโt fix a
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