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
Roth IRA: How to be a TAX FREE MILLIONAIRE with $12 PER DAY
What’s up you guys, it’s Graham here. So I realized that this sounds completely far-fetched to say that you could become a millionaire completely tax-free by investing just 12 dollars a day, but I promise you guys, if you just watch this video all the way…
Writing fraction division story problems
We’re told that Daryl spent 24 and one-fourth hours writing a chapter of a novel. Then they asked us, what are some things that 24 and one-fourth divided by three-fourths could represent in this context? So, my understanding of this is they really just w…
Teacher Tim Vandenberg shares how mastery learning worked for his class | Homeroom with Sal
Hi everyone! Sal Khan here for our daily homeroom. For those of you all who are new to this, Khan Academy is a nonprofit with the mission of providing a free, world-class education for anyone, anywhere. And when we saw the mass school closures, not just i…
Gordon Ramsay Makes Masa | Gordon Ramsay: Uncharted
Because we’re so close to the border, I want to add some Tex-Mex flavors to my menu at the final cook. I’m about to meet an expert who still makes the traditional corn tortillas today, which may just give me that edge over Justin. Emmanuel. - Morning. H…
Dividing polynomials by x (no remainders) | Algebra 2 | Khan Academy
Let’s say someone walks up to you on the street and they give you this expression: x squared plus 7x plus 10 divided by x plus 2. And they say, “See if you could simplify this thing.” So, pause this video and see if you can do that. One way to think a…
Suppressor Schlieren Shock Waves in Slow Motion - Smarter Every Day 204
A quick caveat before we get started here. I do not want Smarter Every Day to be observed as a channel that glorifies weaponry. I am just fascinated by fluid dynamics, ballistics, optics, mechanics, aerodynamics. All this stuff is just fascinating to me. …