yego.me
💡 Stop wasting time. Read Youtube instead of watch. Download Chrome Extension

Investors don’t validate your startup — users do.


less than 1m read
·Nov 3, 2024

You don't need every investor to like what you're building. You just need a few of them to believe. The reality is that no matter how great your product is, how much traction you have, investors are going to reject you, and that's okay. In fact, it puts you in great company.

Here's a great example: Envision. Envision is a medical device startup for cancer detection, and it was started by Sir Bisarna, who's a YC group partner. Today, when Serbia started building Envision, she was rejected more than 50 times by investors to just get the first money for the company.

The way that she was able to convince someone to write that first check and to help her get this company started was she told them she was going to bet on herself and take no salary for the first two years if the investor was really into betting on them. That was for a $25,000 check.

Her first round of funding for the company was only $500,000, but she got it done even though she got rejected over and over again. Since then, the company was acquired for $275 million.

More Articles

View All
When and why extraneous solution happen
In other videos, we’ve already introduced the idea of an extraneous solution, where you go about solving an equation. You’re given an original equation, and you do a bunch of algebraic steps. Then you solve it and you get some solutions. What we’ve seen, …
What causes the seasons?
Why do we get the seasons? The seasons? Because of the atmosphere. To be honest with you, that’s a very easy question to answer. Now, we really don’t get seasons anymore because of global warming. Um, I think there was a time when I was a child where we d…
2015 AP Physics 1 free response 2 c and d
Let’s now tackle the rest of this problem. They say a light bulb is nonic if its resistance changes as a function of current. Your setup from part A, which we have right over here, is to be used or modified to determine whether the light bulb is nonic. H…
Safari Live - Day 170 | National Geographic
This program features live coverage of an African safari and may include animal kills and carcasses. Viewer discretion is advised. Well, good afternoon everybody once again and welcome aboard on the sunset Safari. My name is Ralph Kirsten and on the bush…
Spectrophotometry and the Beer–Lambert Law | AP Chemistry | Khan Academy
What I want to do in this video is to talk a little bit about spectrophotometry, spectrophotometry, photometry, which sounds fairly sophisticated, but it’s really based on a fairly simple principle. So if I have, let’s say we have two solutions that cont…
Catching Big Tuna | Wicked Tuna | National Geographic
Beginning of the season. We’ve got to try to try something and just prospect a little bit, see what’s where. Go back to one of my old spots here. This is my old chart plotter right here. This is from the old boat. It’s black and white. But all these dots …