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
Cocaine Shipment at JFK Airport | To Catch a Smuggler
[music playing] We’re headed to a warehouse. This one has a lot of European shipments, South American shipments, a lot of source countries for us for narcotics. So we’re gonna see what we can find over here. [music playing] Albert, take a look at this. …
The pH scale | Acids and bases | AP Chemistry | Khan Academy
For a sample of pure water at 25 degrees Celsius, the concentration of hydronium ion is equal to 1.0 times 10 to the negative seventh molar. Because the concentrations are often very small, it’s much more convenient to express the concentration of hydroni…
Chip Rescues Agnes | Life Below Zero
My back here, it’s got coolant all over the ground. I was just wondering if you’re going to just double up and keep going or else, um, because we’re almost here. Finish the delivery. Finish the delivery. We’ll go deliver this thing, and we’ll come back h…
When Family Asks Me For Money!
More money, more problems. Yes, yes, I’ll tell you something about money: it’s a fantastic thing because it buys you freedom, but it makes your life complicated because a lot of people want some of it from you for free, particularly family members. This i…
Is The 5-Second Rule True?
Hey, Vsauce. Michael here. And bananas are fantastic. They’re actually one of the most radioactive foods we regularly eat. Sometimes they’re difficult to peel from the top. One of my favorite ways to avoid that is to simply hold the banana and snap it in …
9 movies that will quickly improve your life
Here are nine movies that improved my life, and I know for a fact they’ll improve yours too. Number one: The Matrix. The Matrix is a story of a disillusioned hacker named Neo, portrayed by Keanu Reeves, who finds himself questioning the nature of his rea…