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
6 Productivity Habits That Changed My Life
What’s up, Graham? It’s guys here. So, I would consider myself to be a bit of a productivity nerd. I meticulously schedule every hour of the day. I cut out all distractions. I created to-do lists the night before, and my day does not end until every item …
The Biggest Myth In Education
This video is about learning styles. What kind of learner are you? Oh yeah, I’m a visual person so I have to see things, yeah. Oh yeah, same. I think visual learner. Visual. I mean, like, I remember formulas like auditory. I need to be like, interac…
Developing themes | Reading | Khan Academy
Hello readers! Let’s talk about themes and how authors can intentionally build messages into fiction. Now, to recap a little, themes link big ideas about the world we live in with the action of a text. For example, in The Lord of the Rings stories and fil…
Introduction to 3d graphs | Multivariable calculus | Khan Academy
Hello everyone! So, what I’d like to do here is describe how we think about three-dimensional graphs. Three-dimensional graphs are a way that we represent a certain kind of multivariable function, the kind that has two inputs, or rather a two-dimensional…
Energy dissipation across two resistors in series example
A student builds a circuit with a battery and two resistors in series. The resistance of R2 is double the resistance of R1. Below is the graph of the energy lost at R1 over time. So, that’s this graph. Which of the following shows the energy lost at R2 ov…
15 Steps To Completely Disappear from Society
There’s a difference between putting your life on airplane mode and leaving your entire life behind in search of a new one. Some people simply can’t settle for a cookie-cutter life; to them, it’s either freedom or nothing. What if you could simply quit yo…