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 Sex Turns Lethal | Original Sin: Sex
In modern day Monaco, if you want to get married, you need to post a written announcement on the town hall for 10 days. Across the globe, governments love to legislate who can and can’t get married for reasons of control, paranoia, or fear. Scientists at …
A Tale of Two Atoms | Cosmos: Possible Worlds
The writer H.G. Wells, who first imagined time machines and alien invasions, had a nightmare of a future world where atoms were weaponized. In his book called “The World Set Free”, written in 1913, he coined the phrase atomic bombs and loosed them on help…
Inspiration Through Photography | National Geographic
These quests are a challenge for these photographers, but they’re also a way to help them frame their experience. All three of them bring something unique; I think that’s what’s so rewarding about these assignments. They were put to the test. People surro…
Bhakti movement | World History | Khan Academy
In other videos, we have talked about the various empires of India. As we exit the Vic period, we talk about the Moria Empire, famous for the ruler Ashoka, who converts and then spreads Buddhism. As we get into the Common Era, we’ve talked about the Gupta…
Chef Wonderful - How To Make Crepe Recipe | So Yummy Inspired Desserts
Okay, chef wonderful, here we’re starting the crepes Nambe, the amazing flambe. Now look, if you have to, every bite him. This is not an easy dish, but if you really want to get into the most incredible dessert on earth, everything has to be fresh. I like…
A Day at the Oyster Farm | Restaurants at the End of the World | National Geographic
Is that Captain Adam? Captain Adam, yes. It’s Captain Adam, holy [bleep]. The one and only. How’s it going? The entire island has only 400 residents, so I guess I shouldn’t be surprised when the guy I hitched a ride with to get to the island also runs a l…