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5k users is light to raising anything but either Friends and Family or a round from super-passionate investors who might be a part of the 5k users (and that wil
by relaunched 12y ago
5k users is light to raising anything but either Friends and Family or a round from super-passionate investors who might be a part of the 5k users (and that will only happen if they are over the moon with your product).
No clear business model works if you have proven strong growth / viral growth, with at least 2 more orders of magnitude of users, at least. You are off to a great start. At this rate, you'll have 10k+ users in a month and ~200k users in 26 weeks. But, that's not quite enough growth, in 26 weeks to get VCs excited (thought it will probably get you an angel round).
So, how do you get where you need to be? Well, over the next 26 weeks, can you do something to increase the growth rate a little every week? How about a lot? If you figure that out, you'll get the type of hockey stick growth that'll allow you to raise big money at a crazy valuation.