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
Should You Follow Your Passion? – Dalton Caldwell and Michael Seibel
Guess what gives you passion? You want to hear the secret? Guess what keeps you attached to an idea? That damn thing — working, success, users, revenue numbers — that makes a lot of these folks that have no particular ideas suddenly care a lot more when t…
Controlled Bush Fire Burn | Rebuilding Paradise
ZEKE LUNDNER: One of the things that spread the Camp Fire through Paradise was all the spot fires. All those little baby trees are what carries the fire up into the crowns, and up in the crowns, when wind’s blowing, that’s how you get the one-mile to two-…
Worked example: Identifying an element from its mass spectrum | AP Chemistry | Khan Academy
So let’s say that we have some mystery substance here, and we know that it’s a pure element. We need to figure out what it is. Well, scientists have a method, and we go into the details or more details in other videos called mass. Sometimes it’s known as …
When the time is right, God sends you this video..
I don’t believe this video “Found You” by coincidence because I don’t believe in coincidences at all. I set the intention and I prayed to God, prayed to Jesus, the Holy Spirit that this message would only find the people who this will apply to. So, I’m on…
Why Science Says It's Good for Kids to Lie | National Geographic
[Music] My name is Ellen. I’m a research assistant at Kong Leaf Development Lab. This is where we do our deception studies, and here we play three games with the kids. You’ve been doing such a good job, and we got off to such a good start that I kind of w…
Bitcoin: The Currency of The Internet
Over time, things tend to change a lot. Earth was once devoid of life, and then one day, it wasn’t. Horses used to be a normal form of transportation. Fast forward a hundred years, and we now have half a million pounds of metal to sit in as we soar 400 mi…