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
Hyphens vs. dashes | Punctuation | Khan Academy
Hello Garans, hello Paige, hi David. So today we’re going to learn about hyphens and what a hyphen is. It’s a little stick like this, as opposed to a dash which is about twice as long. People confuse them a lot, uh, but they have very different functions.…
Divergence intuition, part 2
Hey everyone! So, in the last video, I was talking about Divergence and kind of laying down the intuition that we need for it. You’re imagining a vector field as representing some kind of fluid flow where particles move according to the vector that they’r…
10 science based habits i'm trying to build to improve my life🍃
Habits are building blocks of your life. If you want to change your life, or if you want to change who you are, the first step always should be looking at your current habits and determining which of them are bad and which of them are good. Changing those…
Mark Wiens Goes Night Fishing and Jungle Foraging in Remote Thailand | Epic Food Journeys | Nat Geo
Nat Geo challenged me to fish and forage for a meal. So I’m in one of the most remote regions of Thailand with the Karen people, where I’ll be taking part in a special ceremony. My friend Mook will prepare a traditional Karen meal, and I can’t wait to t…
🎉100th show! 🎉 Homeroom with Sal & Tabatha Rosproy - Thursday, September 24
Hi everyone! Welcome to the Homeroom live stream. Sal here from Khan Academy. We have a very exciting guest today! We have Tabitha Ross, Pro 2020 National Teacher of the Year. So, if you have questions for what it’s like to be a teacher, especially a teac…
10 Facts About Great White Sharks
Here are some facts about great white sharks: White sharks are live-birthed, usually in litters of between four and seven individuals. Now they’re called pups, but when they’re born, they’re between 1.2 and 1.5 meters! So that’s a pretty big baby. It take…