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Could you comment on what increases seed funding chances when pitching a "big hairy goal" ? Team? Progress so far? Clear road map? PoC & tech feasibility
by yazr 8y ago
Could you comment on what increases seed funding chances when pitching a "big hairy goal" ?
Team?
Progress so far?
Clear road map?
PoC & tech feasibility?
- arikr 8y agoNot OP, but the slides here give a really great answer to that question: https://www.codingvc.com/saastr-2017 https://www.codingvc.com/saastr-2017
- mayop100 8y agoAll of the above. Prove your team is credible and your idea is solid and the only thing holding you back is the money. Even if you don't have the capital to build the full-scale thing, you can still make a lot of progress on the cheap: conduct research, model your business, test components, do user testing, get LOIs from customers, line up your first few hires, and so on.
- pharouk90 8y agoInteresting, We have done that.
- simonebrunozzi 8y agoThen, send him an email with details, and I would bet if he's interested he will respond and ask for more details. You might have an opportunity to get funded by him. Don't rely on this comment on HN to hope he asks for details; go get him :)