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Nimesh Pinnamaneni

ย โ€ขย 

Helixworks Technologiesย โ€ขย 8m

The target for the first year should be fundraising, and the milestones to get there are product development and early adopter acquisitionโ€”just enough to close the fundraise. You need investment to scale, but to raise money, you need proof pointsโ€”traction that comes from two of the three choices. The priority should be getting just enough early adopters with a solid, differentiated product to make the case for investors. Branding and marketing are nice to have but not as critical at this stage.

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Your first 10 customers teach you more than the next 100 sometimes. Listen intently to early adopters.

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Do you think focusing on designing, development and R&D of a product or securing funding and market research should be the first priority when building a product-based startup?

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