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My startup is at the same stage as yours... I need seed capital to take it to the next step. (I'm building an HTML5 competitor to GoAnimate.com/PowToons and nee
by super-serial 13y ago
My startup is at the same stage as yours... I need seed capital to take it to the next step. (I'm building an HTML5 competitor to GoAnimate.com/PowToons and need to pay for artwork)
My plan is to do contract work to pay for artists. Since you don't live in the Valley and you don't have a team of ex-Googlers working with you... you either need to show off paying customers, or get ridiculous amounts of traction to have any chance of getting funding. Otherwise people might not take you seriously.
But maybe that's just my opinion, and other people have different experiences.
- adamzerner 13y agoGood luck with your startup! I like the need you're meeting. Videos are important, and they're not easy to make. It's something I've thought about before, but I don't have the technical skills to implement it. I actually think I'll be fine getting funding. 1) I'm confident that I have something people want (better college reviews). 2) I plan on offering $100 to the best answerer, and $20 to the 5 next best answerers, and doing this for every school (I've exhausted the methods of getting kids to do it for free, and it's not working). I'm pretty sure kids will be willing to answer questions with this incentive. I'm gonna use my own money though to test it at 5 schools to prove that this method works. 3) 2) shows that they could fill out my website's content by giving me a $60,000 investment. If investors believe in 1), then success should be pretty simple.