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
2019 Berkshire Hathaway Annual Meeting (Full Version)
Thank you, good morning and welcome to Berkshire Hathaway. For those of you who have come from out of state, welcome to Omaha. The city is delighted to have you here for this event. For those of you who came from outside of the country, welcome to the Un…
This just cost me $100,000 ...
What’s up you guys? It’s Graham here. So, it’s been about two weeks since I posted an update on the status of the home renovation, and yeah, geez! This is the episode that I’m sure everyone has been waiting for. Remember how I mentioned in the first vide…
Don’t Buy A Home In 2023 (Sellers Panicking)
Americans are leaving California and New York in droves. People are getting fed up and moving to Arizona, Nevada, Texas, or Florida. The main reason why is money. What’s up, Graham? It’s guys here. So for the first time ever, the housing market is being c…
Snagging a Stag | Primal Survivor
These Sami reindeer are semi. While they have sharp antlers, a swift kick, and can pull a 250-pound load with ease, it takes a lot of strength and skill to pull in a reindeer without injuring yourself or the animal. I’ve managed to separate this stag from…
Your Money Is Losing Value | DO THIS NOW
What’s up you guys? It’s Graham here. So today we gotta have the talk. I understand this might be a bit uncomfortable for somebody to listen to, and it’s not easy for me to talk so openly about this, but everyone needs to learn about this at some point be…
9 Stocks Warren Buffett Keeps Buying
Do you want to know the best way to find new investment ideas? I’ll let you in on a little secret: Follow the investment portfolios of great investors. Laws here in the United States make it so that large investors have to show the world every U.S. stock …