Okay, I just got investment from the largest and most reputable VC in my country.

As part of the deal, I will have access to around 1000 large companies. Basically VC can just call these companies and have them try/buy my product. So this really is a golden ticket. The VC money I am getting is also a pretty size-able amount.

This is a pre-seed round, my product is still at ideation phase. What I am looking to develop is basically airtable.com competitor, but much easier to use, more geared toward small/medium enterprises and will have more country specific integrations. Basically I have unlimited access to distribution and sales should come easy, given the respect VC has in my country.

Given that I will have immediate access to about 1000 large b2b customers, is airtable like competitor the best course of action? Or is there a better idea I can develop into an MVP? My main goal is to develop the MVP and get to profitability as fast as possible.

  • Ecstatic-Balance-274@alien.topOPBEnglish
    1·
    1 year ago

    I wouldn’t be so sure of that. My previous track record is part of the reason I am able to get blank check from VC. Ideas change all the time, pivots and iterations happen fast. At least until you find pmf. What doesn’t change is the founding team and their ability to deliver (fast) and their flexibility

    • rambuttaann@alien.topBEnglish
      1·
      1 year ago

      What doesn’t make sense is you even accepting their check without having a pretty good idea what you will try first. Sure there could be pivots and iterations but close to zero starting point and racing to reddit? I think that what people find a bit odd. Maybe things work differently in your local VC market.

      • Ecstatic-Balance-274@alien.topOPBEnglish
        1·
        1 year ago

        Actually a lot of companies get founded without a clear idea. OpenAi was founded basically to stop ai from taking over the world. Even at SpaceX Elon didn’t intend to build his own engines, only after being humiliated by Russians he decided to do it. There’s countless and countless examples. But i get it, it’s hard to understand that it’s possible to get funded with just an idea. Only people at my level will be able to understand this.

        • Ecstatic-Balance-274@alien.topOPBEnglish
          1·
          1 year ago

          To clarify i am just brainstorming here anonymously. There’s nothing wring with that. Yes i can go to advisors and ask them, and yes i already have customer interviews scheduled

        • rambuttaann@alien.topBEnglish
          1·
          1 year ago

          OpenAi was founded basically to stop ai from taking over the world.

          That was the clear idea. The objective was pretty clear even if exact what they were dealing with and how to go about doing it weren’t. Also the original reasoning is in line with creating a non-profit more than a startup. Finally, there was the specific rational of getting a team of people together. Given all that I think, it’s not really a great comparison to a single person noodling around for some profitable startup idea.