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Thomas D

I discuss funding st... • 1y

Less than 1% of companies secure venture capital 💔—and even among those that do, many struggle to raise a second round. After reading Lenny Rachitsky’s latest article on raising Seed rounds, I wanted to distill the most valuable insights from top f

Poosarla Sai Karthik

Tech guy with a busi... • 1y

I’ve a friend who’s in a situation. He’s building an app related to edtech. The app is ready to launch. But he need a strong tech support. I advised him to go to a seed funding round to seek help & money for technical assistance. Is this advisable? If not, what’s your plan if you’re in his position?

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Replies (2)

Thomas D

I discuss funding st... • 1y

You could start by raising some money from your family and friends or even try crowdfunding on platforms like Kickstarter and GoFundMe. Additionally, fellowships like the Thiel Fellowship provide funding without taking equity. Above all, it’s about validating the MVP idea. I agree with the advice you gave him about ensuring the idea is validated.

1 Reply

Poosarla Sai Karthik

Tech guy with a busi... • 1y

And I added like this, “firstly, go among the audience, according to their response & crowd, I advised him to take a decision.

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