🚀 Conversation between Vc and Startup Founder 💀 FOUNDER — I have a SaaS startup idea that has the potential to become profitable within just a few months. All I need is seed funding to get the venture off the ground. I am confident in the success of this project and can assure you a return of 2x on your seed investment VC — Unfortunately, I can't provide seed funding for your idea. In the venture capital community, we typically look for opportunities that promise at least 10x returns on our initial investment. The 2x return you're proposing isn't competitive, especially when hedge funds and trading often yield better results. Moreover, we seek disruptive and innovative ideas, not something that already exists in the market. Investing in a concept that's not unique doesn't align with our strategy, so it's not a worthwhile investment for us. Please understand, and let's not waste each other's time
Download the medial app to read full posts, comements and news.