5 ms·

Ask HN: Do you need money?

• dboles99 12y ago
  Hi! I saw your post and I think its interesting; however, I don't seem of your criteria as follows: 1. I've prototype and I'm in the process of setting up the website to start getting beta customers; 2. I'm not in the bay area. 3. I feel its a real problem and a potentially big market. Its not a photo sharing app at all. 4. This is the most interesting criteria. If you are okay about not meeting the first and second criteria, then I'm willing to share a bit more with you.
• keerthiko 12y ago
  Hey! Take a look at BitGym[0], we're looking to fix consumer fitness. We have had our product in the market for a little over a year, and our users love it, but we could use money to grow our user base and improve our product. Most of our team is based in the Bay Area (Berkeley). Feel free to contact through any of the channels on our site or reach me directly at [keerthik][at][company domain below] [0] https://www.bitgym.com https://www.bitgym.com
• ponyous 12y ago
  Can I ask why 2nd criteria?
  • reiz 12y ago
    I guess he is from the BayArea and he don't like remote sessions :-)
  • S4M 12y ago
    I was gonna apply, but since I'm a solo founder in Spain... I am sure the rent I would pay in the Bay area alone would absorb the investment he would make in my product.
• deleted 12y ago
  [deleted]
• theevilthinker 12y ago
  Hi i'm the co-founder of a social oriented website we launched days ago, i'm outside the US, my friend who is the main founder lives in the bay area! Is there any way we can have a quick conversation or i can contact you directly? so i show you our product and vision, and more like statistics...etc
• jtfairbank 12y ago
  We are in the current YC batch. Focusing on scheduling the medical world (Enterprise B2B). Have 15 trials right now. Shoot me an email (in my profile). https://reschedulemed.com https://reschedulemed.com
• sbashyal 12y ago
  We do! 1. Our product is ready and we have beta customers 2. Founders are in Los Angeles 3. Real problem, big market. We are generating revenue from beta customers 4. We are in the SMB space If anyone is interested in investing, please send me an e-mail.
• logn 12y ago
  I meet the criteria except not in Bay Area and have a small amount of revenue. Details in profile.
• trcollinson 12y ago
  I am not interested in finding an investor for a business. However, for the benefit of others, I think I'll just ask you a few questions that would be good to know if I were looking for an investment. 1. How much are you looking to invest? I hope you won't answer that "This depends on the business, the model, the founders, how much market share there is, and what percentage of the business I will receive." Those are all important details. But what range of cash on hand do you have. $5000 - $10,000 is far different from $500,000 to $1,000,000. 2. How many other startups are you currently invested in? What is their current market capitalization? What is your net valuation of these businesses? I understand you probably can't give names, and that's ok that will come up in due diligence, but a general idea would be nice. 3. You would like to take a business development role to scale the business. What is your experience in this previously or currently? Can you give us some idea of your track record and success rate? 4. You are an engineer, a product manager, and an entrepreneur. Can you please give us an example of one of your startups which is either still running or has been sold? I am not trying to give you a hard time. We just get this mentality, especially on HN, that any money is good money. Answering these questions sure helps to let us know whether or not that is true in an individual case.
• flippyhead 12y ago
  We don't need it, but finding the right biz dev partner is interesting. We are in Seattle though.