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
The stoic idea that will make you unstoppable
So pretend you’re stuck in traffic. You’re super frustrated. You’re gripping the wheel tight. You can’t believe that you’re late for work and it’s your first day. You just landed your dream job, and it’s bumper-to-bumper traffic. You can’t do anything abo…
Dung to the Rescue | Primal Survivor
[Music] Now I need to make a fire before it gets dark. I’m using a traditional method called a hand drill. This relies on friction between a soft wood base and a hard straight stick. I found that sticks that are hollow inside trap heat better, and it mak…
Monarch Butterflies Get Tiny Radio Trackers | Expedition Raw
[Music] He’s like a little kid. It’s wonderful. We’re trying to put the first electronic tag on a free flying migrating monarch butterfly. If that works, then we could for the first time really follow them in the wild, how they migrate, and find out exact…
The Space Race | Official Trailer | National Geographic
Growing up, I love the space program, but nobody doing that stuff looked like me. Very few people today even have a clue about black people’s contribution to human space. Flag that was the only black aerospace, the only black NASA, first black astronaut. …
Lesson Planning with Khanmigo
This is Conmigo, an AI-powered guide designed to help all students learn. Kanmigo is not just for students; teachers can use Conmigo too by toggling from student mode to teacher mode. Once in teacher mode, Conmigo transforms into the teaching assistant yo…
The World Has Changed! Here are the NEW RULES
The world of today and that of tomorrow is radically different than that of yesterday. We’re going through the biggest transfer of wealth and the biggest societal and cultural change in modern history. By the end of this video, you’ll understand what’s on…