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Focus is everything. Pointing to the marketing site for this new product and making no mention of the old business or past attempts will better guide investor
by tedmiston 11y ago
Focus is everything.
Pointing to the marketing site for this new product and making no mention of the old business or past attempts will better guide investor interest. You can explain in the story how you got to where you are. Overall though, the pre-seed timeline is way less important than the product you have today and the traction/growth that's in progress now.
- pupeno 11y agoYes, I tend to agree. I'll try to go in that direction. My problem is this: I say "We are a new startup, new product, market validation phase, yada yada", someone ask "Have you had any funding yet?" and reality would be "yes, $NNN, four years ago". When I'm just submitting in sites such as AngelList, where I just enter the information into small little boxes, that looks wrong, without me explaining: we are pivoting from other products that we launched and took us to profitability for the past four years. But I'll look into making that possible.