Hi
we're looking to raise a seed round.
we've been working for the last 3 years and have been profitable since Day 1.
we're facing challenges with scaling as we need funds to hire a team.
can anybody help us raise funds?
A simple thing I advise early-stage founders on:
—> Stage —> Strategy —> Source
1) Stage - What stage are you really at? Idea, MVP, early traction, PMF?
2) Strategy - Do you need capital to survive or to scale? Different answers, different risks.
If joining an early stage startup, evaluate team, product, equity, salary, in that order.
If investing in an early stage startup, evaluate team, product, terms, revenues in that order.
- Naval Ravikant