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
Levitating Barbecue! Electromagnetic Induction
Let’s switch it on. Let’s see what it does. Through this coil of thick wire, we’re about to pass a huge alternating electric current. On top is a 1 kg aluminum plate. So we hear that noise. What’s that noise? It’s the vibration of the plate because it’s v…
RC step response 1 of 3 setup
In the last video, we looked at this RC circuit, and we gave it a step input with this step source. A step from V naught up to V s, with a sharp change right here at t equals zero. We sort of took an intuitive guess at what this voltage looks like—here’s …
Re-Envisioning Reality - Tech+Art | Genius: Picasso
Almost my entire life has lived virtually on a screen, and what I’m looking for is a way to bring the digital experience put into physical form. I grew up in a place where, like, escapism was necessary. I was drawing and painting and programming and build…
Support Khan Academy and double your impact
Hi, I’m Sal Khan, founder of the Khan Academy. As you might know, we are a not-for-profit organization with the mission of providing a free, world-class education for anyone, anywhere. The way that we’re able to do that is through the support of folks li…
How to Mountain Bike Like a Pro | Get Out: A Guide to Adventure
Hi, I’m Eric Porter. I’m a professional mountain biker, and I’m going to teach you how to get started with mountain biking. I love mountain biking ‘cause it’s a great way to get away from everything, get out into the woods, ride your bike, challenge your…
Sardine Feeding Frenzy | 50 Shades of Sharks
NARRATOR: What’s more thrilling than a shark? A mob of them. Sharks might have invented crowdsourcing. Every year between May and July, billions of migrating sardines come to spawn off the coast of South Africa, catering one of the largest feeding frenzie…