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NANDHA KISHORE

Stealth • 1m

I have an idea of making an application like instagram but it just focuses on educational content only and not just of content it helps to connect with like minded people and build there ideas and some other intresting features which can help content

El Capital

Stealth • 1m

Great idea if you have a million dollar to market it

NANDHA KISHORE

Stealth • 1m

yes your right 👍🏻so what I want to raise fund in this idea stage

El Capital

Stealth • 1m

But, at this idea stage, no VC/AI/HNI or even bank is going to give you capital. They need some prototype and some traction at the very least

NANDHA KISHORE

Stealth • 1m

ok how much traction is needed like do I need to get any revenue? like I have gathered 90+ members in WhatsApp group and they all are learning and getting insights and some are from different countries. is this enough or anything I need to ?

El Capital

Stealth • 1m

Remember, everyone has an idea that they think is revolutionary and all. Why would someone with money offer his money for that? And if 100 people have the same idea, whom will the investor choose? Certainly, not on idea. People with 'revolutionary idea' think that either I) no one has thought of that idea b) I can do much better than the rest It's just lack of knowledge and fuelled with enthusiasm. Enthusiasm diminishes once the hurdles of business starts and puts lots of mental pressure on the acter.

1 replies

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NANDHA KISHORE

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thank you I got to know some perfect advice from your side because no one have said these thank you.

1 replies

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