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Basant Verma

Hey I am on Medial • 8m

Anybody can suggest me how to raise funds on idea base

https://medial.app/news/india-startups-ceo-says-co-founder-has-bed-3ft-away-codes-till-2am-criticised-0ea5ef77cdd42

3 replies4 likes

Replies (3)

Anonymous 2

Hey I am on Medial • 8m

It’s very tough to raise funds solely on an idea without traction. Most investors want proof of concept, customer validation, or at least a prototype. You should bootstrap or seek friends and family funding initially before approaching serious investors and that should've been your first choice, i mean if you can't convince your friends and family then how will you convince investors?

1 replies

Anonymous 1

Hey I am on Medial • 8m

Focus on pitching to early-stage angel investors, not to venture capitalists, they moght be up for it. Find rich startup founders who fund ideas with strong market potential like that bellavita guy.

0 replies

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