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thank you for your suggestions, LOI can certainly help with raising money, I'll focus on making a better tested MVP and demo it to potential customers and get L
by bedros 10y ago
thank you for your suggestions, LOI can certainly help with raising money, I'll focus on making a better tested MVP and demo it to potential customers and get LOI.
- dave_sullivan 10y agoJust a suggestion, but why not switch to a services model to get started? Sell them on the demo, present a plan to integrate it into their systems and the costs associated with that (integration being the key word). The costs associated are however long it will take you times $125-$250 per hour. That's enough to set yourself up as a going business at least, then figure out how to grow it from there. It will be a lot easier to raise money if you have 5 customers and example case studies that have worked through this process. You may find you don't need to. You don't need YC's stamp of approval to do this, and many others have followed a similar process in various verticals.
- bedros 10y agothank you for the suggestion, that's what I'm planning on once I get MVP ready for customers.