do I only need mvp or do I need to make some revenue and traction using it to attract potential investos
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5 replies1 like
Raj Pareta
Explorer • 11m
Does making loss at initial stage to attract customers with discounts in startup or business is a good strategy?
5 replies7 likes
Arcane
Hey, I'm on Medial • 1m
Not All Early Stage Products Are MVPs.
Understand the difference between a PoC, Prototype and MVP.
1. PoC (Proof of Concept) = Can we even build this?
2. Prototype = Can users see and understand how the product will function?
3. MVP = Will people
I would like to start a discussion on
How early stage startup(idea stage) can attract initial customers even before investing in building website or an app.
if you have some insight do share 😉
What VCs say vs What they mean:
1) “Come back after traction” = We want proof without risk.
2) “We love the team” = The idea is meh, but you seem cool.
3) “Let’s stay in touch” = Probably never gonna happen unless you blow up.
Drop your favorite
Looking to fund pre-seed tech startups which are in the ideation or prototype stage.
Happy to Sign NDA and only founders with financial projections and pitchdeck reach out.
#VC #Investment #preseed #techstartups
A simple thing I advise early-stage founders on:
—> Stage —> Strategy —> Source
1) Stage - What stage are you really at? Idea, MVP, early traction, PMF?
2) Strategy - Do you need capital to survive or to scale? Different answers, different risks.
Hello Everyone - Good Morning
So lately I have been seeing lots of post regarding the Funding , how can we get funding at idea stage etc etc .
My Personal Opinion : If you are not from IIT or IIM you won't get funding form anyone, unless you show
You will build a fundable startup by methodically decreasing risk at each stage, rather than chasing the next round
If you want to raise capital, do these at each stage:
1. Pre-Seed: Focus on developing your MVP and proving technical feasibility
2