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
How to learn Japanese in the easiest ways - Japanese learning tips from a native polyglot 🇯🇵
How can I learn Japanese? Where should I start? Should I learn Hiragana, Katakana, kanji first? How to pronounce Japanese words? Why is Japanese so complicated? I don’t know anything about kanji. Those are the most common things that I hear about learning…
Gordon Tries Fermented Fish | Gordon Ramsay: Uncharted
I’ve still got lots to learn, so I’m off to try a traditional Christmas dish that I hear tastes much better than it smells. Now trust me, I want to get the best of Christopher, and I’m up here to meet two guys who make this amazing delicacy that can only …
This Virus Shouldn't Exist (But it Does)
Hidden in the microverse all around you, there’s a merciless war being fought by the true rulers of this planet: microorganisms. Amoeba, protists, bacteria, archaea, and fungi compete for resources and space. And then there are the strange horrors that ar…
How Animals and Humans Clash and Coexist in Yellowstone | Nat Geo Live
For 20 years, my camera’s led me to some pretty extraordinary places. I could have never imagined that I would be standing on the streets of a place like Pyongyang, North Korea, and 20 years later, I came back to the United States with my cameras, and it’…
Khan Academy Ed Talks with Marc Sternberg - Wednesday, March 10
Hello! Welcome everyone to Ed Talks with Khan Academy. I’m Christine DeCervo, the Chief Learning Officer here at Khan Academy, and today I’m excited to talk to Mark Steinberg, who is the K-12 Education Program Director at the Walton Family Foundation. So…
3 Minute Breather for Teachers
Welcome, teachers, for this short guided meditation. Remind yourself that meditation, there’s no right way to do it. It’s just an opportunity to still your mind, take a break from all the thoughts that you normally have—the planning, the to-do’s of the f…