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
The english language is a giant meme..
English is a difficult language, but… it can be understood through tough thorough thought, though. We park our cars on a driveway, but we drive cars on a parkway. When you transport something by car, it’s called a shipment, but when you transport somethin…
Why your life is so boring
When we think about our life, we usually think about it in the form of a story. You know, first we were born, and then we did some things and made some memories, and now we’re here and we work in our job or whatever. But in the future, we plan on doing mo…
Article III of the Constitution | US Government and Politics | Khan Academy
Hi, this is Kim from Khan Academy, and today I’m learning more about Article 3 of the Constitution. Article 3 establishes the judicial branch of government, including the Supreme Court, whose job is to interpret the laws of the United States. To learn mor…
How to Get Started, Doing Things that Don't Scale, and Press (How to Start a Startup 2014: 8)
Thanks for having me, Sam! I’m Stanley, I’m the founder of DoorDash, and it’s really amazing to be here because it wasn’t naturally that long ago where I sat in your seats. I was class of 2014, graduated in CS, as well as my co-founder, Andy. For
AP US history short answer example 2 | US History | Khan Academy
All right, in this video we’re talking about the short answer section of the AP US History exam. In the first part of this video, we talked about the first two sections of this question, which asked for examples of how contact with Europeans changed Nativ…
Be Too Busy to “Do Coffee”
We squander our time with the death of a thousand cuts. So another tweet ahead was, “You should be too busy to do coffee while still keeping an uncluttered calendar.” People who know me know that I’m famous for simultaneously doing two things. One is havi…