• 0 Posts
  • 2 Comments
Joined 1 year ago
cake
Cake day: November 22nd, 2023

help-circle
  • Depends how much you want to give up.

    I have experience with both ends of the spectrum.

    I raised $100k for my side project off of 10 slack and LinkedIn messages saying. “I would buy that if it existed”. I would NOT recommend this generally but I’m a marketing guy and had an idea in biotech that I could market but had no idea how to build.

    On the other hand I helped a company I worked for get an exit by focusing on revenue and expected growth based on years of data.

    If you can accomplish the basics of an MVP and good messaging I wouldn’t raise.

    What problems are you facing that giving up 30%+ to VCs would solve?


  • Depends how much you want to give up.

    I have experience with both ends of the spectrum.

    I raised $100k for my side project off of 10 slack and LinkedIn messages saying. “I would buy that if it existed”. I would NOT recommend this generally but I’m a marketing guy and had an idea in biotech that I could market but had no idea how to build.

    On the other hand I helped a company I worked for get an exit by focusing on revenue and expected growth based on years of data.

    If you can accomplish the basics of an MVP and good messaging I wouldn’t raise.

    What problems are you facing that giving up 30%+ to VCs would solve?