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What is “AI Saas” ? If you don’t have tech skills to build it, you’ve got to be able to craft a pitch and communicate it. I have no idea what “AI Saas” means,
by RileyJames 3y ago
What is “AI Saas” ?
If you don’t have tech skills to build it, you’ve got to be able to craft a pitch and communicate it.
I have no idea what “AI Saas” means, but being that broad there would have to be customers of yours here. At least pitch it to the point where we can declare yes or no.
And then go pitch and win your first 50 customers. One by one.
Then go get funding on the back of your 50 letters of intent.
The whole time you should be looking for a technical co-founder, and you should give them 50% of the business (equals). Without them you will have to give away more equity to raise (because you won’t have any product, or revenue), and you will burn more investment building and iterating your product.
Anything less than equal will not work.
You could make convincing arguments about why the work you’ve already done is valuable, and that they’re coming in later so they should only get xx share. But the reality is everything before that point is mostly irrelevant, what will make difference comes next. And for years into the future, if it’s going to be a success.