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> If you have too much, you're just going to spend it on things that not only don't matter Co-founder and I recently went through a round of VC interviews with
by CharlieDigital 3y ago
> If you have too much, you're just going to spend it on things that not only don't matter
Co-founder and I recently went through a round of VC interviews with at least 5-6 VCs.
Question I posed to him is "If we got $2.5 million tomorrow, what would you do differently than what you're doing today?" My point to him is that there's really nothing that we could do with $2.5m that we couldn't do today at a smaller scale/longer timeline.
It would be nice for other reasons like having a higher profile, accelerate some of our roadmap, etc.
Both of us walked away from the experience a little jaded, TBH. He's close to a circle of folks in YC and was perplexed by some of the folks that made the last batch.
- edanm 3y agoWouldn't a good answer be "run more experiments in parallel to find product/market fit faster?" I'm not saying it's easy (or possible) in all cases, but an extra $2.5 million before you have product-market fit doesn't sound like something that is impossible to utilize in an effective manner.
- CharlieDigital 3y agoI mean, that's exactly my reply to him: we do the same things we would do but at smaller scale/longer timeline. End goal is the same: grow the userbase, get that revenue flowing.