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A VC fundable startup is one in which you KNOW you can turn $1 into $20. Once you figure out how to do this, you will want as much money as possible to make tha
by damonpace 13y ago
A VC fundable startup is one in which you KNOW you can turn $1 into $20. Once you figure out how to do this, you will want as much money as possible to make that happen as many times as you can. That's when VC's are needed. You take VC money for growth, not for ideation or market validation. Before you find your business model you should stick to bootstrapping, angel investing and just keep iterating until you figure it all out.