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Is it typically possible for a first-time solo founder to raise this much seed capital without having a product in the lab or an MVP? Maybe having an insider’s
by blueblisters 5y ago
Is it typically possible for a first-time solo founder to raise this much seed capital without having a product in the lab or an MVP? Maybe having an insider’s view of how the VC world works helped her push the right buttons (and find the right connections), but I am not sure this advice will help the typical founder with no VC connections.
- sombremesa 5y agoAnecdata, but I know a first-time solo female founder who has raised north of $4MM so yes it is possible. I don't think it's actually super common, but feels like it's hard to not end up with millions when you raise (at least for ex-FAANG folks). As far as I'm concerned - more money, more problems (and less equity).