Has anyone used crowdfunding to push your company just a little further? Need thoughts and ideas. Really questioning if I ever want to go to an investor (VC or ai) because I’ve seen so many problems. A loan isnt as bad. I just… get really bad axiety cause I dont know the future.

Any ideas for extra funding?

  • ExpensiveBit@alien.topB
    link
    fedilink
    English
    arrow-up
    1
    ·
    10 months ago

    I work at a start up.

    A non-exhaustive list.

    1. Your product will and has to change, as you get in market your customers will ask for different things, you will realize you need different things, things will need fixed. if you/ your team have no ability to make those changes yourself = it will slow you down dramatically and cost you money, both from customers and from having to pay the third party to make changes.

    2. You’re going to get a not great product, $45k is frankly not a lot of money when trying to get tech talent, basically 3-4 months of a good engineers time. You aren’t going to get good engineers working on the project.

    3. The product will be hard to build on top of once you start getting traction. It’ll be built using whatever tech stack the dev shop likes, not what you need for your use case. 90% of cases it will get scrapped completely and need rebuilt.

    Feel free to ask in r/startups, they’ll all tell you the same thing

    • Adthura@alien.topOPB
      link
      fedilink
      English
      arrow-up
      1
      ·
      10 months ago

      Maybe, even then, I’m still going for it. If it runs out, keep trying. Ive been vetting different comepanies, and have already had to restart cause of developers. Dosent matter. This company needs to be available to the public so, I cant give up!