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Ah, I suspected that the main image may give a wrong feeling as it's not really about a microstartup investments right now. But it fit together with the "no" an
by raunometsa 4y ago
Ah, I suspected that the main image may give a wrong feeling as it's not really about a microstartup investments right now. But it fit together with the "no" and "your idea is not good" topic so I kept it.
Anyways, I'm still planning to build a part of MicroFounder towards investments. Probably not legal/technical side but the marketplace, yes.
The idea is this: you're a developer and you want to build a (micro)startup that pays your bills etc. But it can be hard to find the necessary time and energy to work on it so much that it will succeed (or it takes just too long). And of course there's a risk that it will never take off.
So, you de-risk and sell part of it to an investor. Maybe even not a % of the company but you agree on a profit share for some period/amount.
Because now you have an idea for a startup and – let's say — $120k to pay your salary until you reach $10k MRR, or something like that. You will focus on this startup and see if it works out or not after a year.
Another thing is from the point of the investors. Like this whole MicroAcquire thing. I was considering selling my other solo startup RemoteHunt.com – some investors said that "hey take like $120k for 10% but I still need you on the project as otherwise I have to hire a team etc that takes a lot of money, time, etc.)
- bagels 4y agoI completely understood the context of the tweet in the post, but was interested if there was traction in the investment marketplace. I've browsed microacquire both as a founder and as an investor. As an investor, I always come back to the same thought that I'd just be buying another job, which isn't so appealing.