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Do you actually need significant capital investment to put out an MVP? If not it may make sense to get that out first and then discuss the seed.
by veyron 14y ago
Do you actually need significant capital investment to put out an MVP? If not it may make sense to get that out first and then discuss the seed.
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- noinput 14y agoWe do not, which is also why this is a concern. However we're not undervaluing the growth that could be a reality if this firm does invest in our success. We don't need much yet we'd happy take it and bank it to ensure we're working with the right people. Hence our concern about liquidating it for one salary.
- veyron 14y agoIt's easier to get more money on better terms if you have an MVP and can show some traction. I'm not suggesting to squeeze every penny, but you have leverage in discussions when you can do it that way.
- noinput 14y agoTrue. We're not dying for the large cash, we just need a bit more to get to market. Thanks!