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Not really no. Most VCs and frankly most angels would not invest in a startup without a validated product - validated by revenue. The exceptions are usually whe
by sirspacey 9y ago
Not really no. Most VCs and frankly most angels would not invest in a startup without a validated product - validated by revenue. The exceptions are usually where the team is being lead by a founder who has previously had a successful exit or worked as an executive inside the startup's target market. You might agree to build an MVP more for your own curiosity/experience. Consider making a bright line in your agreement around when they get customers. At the point you will carry a lot of responsibility and accelerating demand for feature improvement by default.