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 Stop Procrastinating Homework - The Secret Force That's Stopping You
So I just finished watching Budweiser’s new Superbowl ad called “Born the Hard Way,” and while a lot of people are using it as a means to get into a political flame war, another one, my first reaction when I saw it was that it reminded me of a concept tha…
How The Economic Machine Works: Part 4
Deleveraging in a deleveraging: people cut spending, incomes fall, credit disappears, asset prices drop. Banks get squeezed, the stock market crashes, social tensions rise, and the whole thing starts to feed on itself. The other way, as incomes fall and d…
Standard potential, free energy, and the equilibrium constant | AP Chemistry | Khan Academy
For a generic redox reaction, where the reactants turn into the products, the free energy is related to the potential for the redox reaction. The equation that relates free energy and potential is given by: ΔG = -nFE. ΔG is the instantaneous difference …
Solving exponent equation using exponent properties
So I have an interesting equation here. It says ( V^{-65} ) times the fifth root of ( V ) is equal to ( V^{K} ) for ( V ) being greater than or equal to zero. What I want to do is try to figure out what ( K ) needs to be. So what is ( K ) going to be equa…
Visual introduction to parabolas
In this video, we are going to talk about one of the most common types of curves you will see in mathematics, and that is the parabola. The word “parabola” sounds quite fancy, but we’ll see it’s describing something that is fairly straightforward. Now, i…
How to take AI from vision to practice. Part 2
Uh, my name is Danielle Sullivan. I am currently the senior regional manager of Northeast District Partnerships at KH Academy, and I have been in education for a really long time. Lifelong learner. I was a former special education teacher and have been wi…