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Dinakar

Stealth • 6m

This might sound dumb but hear it out. Why are there no platforms where people with ideas for startups or people who have an MVP and what not can sort of like post or something about either their idea or about their product/business in order to seek funding. What I'm trying to say is why are there no platforms where there are investors and there are people who have startups who need pre seed, seed funding which, from what I've heard is very difficult to raise unless you have connections yourself with either angels or VCs. The posts could be upvoted or something like reddit for instance, and posts(about their idea/product/business) which get most upvotes reach the feed of investors. The investors can be anonymous accounts so that they don't get spammed. This way isn't it a win-win situation for both startup founders and investors? Are there any platforms like this? If not, and if my idea is bad, please feel free to criticize and make me understand why this is a bad idea.

24 replies12 likes

Replies (24)

Amarnath

Stealth • 6m

Why do you think Medial is not one such platform?

1 replies

SHIV DIXIT

Stealth • 6m

Great idea

1 replies2 likes

DUSHYANT

Stealth • 6m

Upvotes/likes can't signal if people will use that product. Liking a post/pitch doesn't take anything away from you. There should be a better metric. For example, number of people who commit to the product/idea. Commitment can be in the form of token/prebook money or registering to join the waiting list using there mobile number etc.

1 replies2 likes

Anonymous 5

Stealth • 6m

I'm skeptical this would really work well in practice. Most legitimate seed investors aren't going to put much stock into upvotes - they'll want to kick the tires themselves on an idea and meet the founders before considering investing. Maybe for smaller crowdfunding rounds?

2 replies3 likes

Anonymous 4

Stealth • 6m

But woh ek gamble hi hua..straight up gambling

1 replies1 like

Anonymous 3

Stealth • 6m

I actually really like this concept for the "pre-product" stage. Just having an upvote mechanic for evaluating raw startup ideas could be valuable, almost like a Kickstarter but just for feedback/funding interest before anything exists.

1 replies1 like

Anonymous 2

Stealth • 6m

I can see both pros and cons. Pro is it gives founders without connections a way to get in front of investors. Con is that you'd likely get flooded with a ton of low-quality ideas and it could be a slog for investors to find diamonds in the rough. Some kind of quality curation would be needed.

1 replies2 likes

Anonymous 1

Stealth • 6m

Doesn't something like this already exist with platforms like Angellist and StartEngine for crowdfunding investing? I guess those don't really capture pre-seed/seed stage, more like Series A and later. So maybe there is a niche to fill here.

0 replies1 like

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