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
WATER BALLOONS in SLOW MOTION - Smarter Every Day 24
Hey, it’s me, Destin. So, um… We got a hairbrained idea and we came to an art festival… It’s not really an art festival, it’s a festival, here in Alabama. We’ve made art with bullets and tried to sell it. So this is what we’ve got. We’ve got a bunch of a…
North Korea in 3D: See Rare Photos of People in the Secret State | Short Film Showcase
[Music] In early 2014, Choreo Studio invited Slovenian photographer Mathias Tan Church to undertake a 3D photography project in North Korea, inspired in part by the country’s own fondness for 3D photography to produce keepsake postcards and public art. Ac…
The Sixth Amendment | Civil liberties and civil rights | US government and civics | Khan Academy
Hi, this is Kim from Khan Academy. Today I’m learning about the Sixth Amendment to the U.S. Constitution, one of four amendments in the Bill of Rights that concerns the rights of the accused. The Sixth Amendment guarantees defendants in criminal cases the…
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 …
Appositives | Punctuation | Grammar | Khan Academy
Hello grammarians and hello Paige. Hi David! So today we’re going to be talking about the appositive, which is just a monster of a word, right? Uh, I can tell you that from my limited study of Latin, right? It comes from “ad positio,” which is like putti…
Charlie Munger: How to Invest
Charlie Munger is without a doubt one of the most respected names in the value investing world. He’s been Buffett’s right hand man for many decades and still serves as the vice chairman of Berkshire Hathaway at 99 years old. But as many of you may know, h…