Early-stage Investor | Biotech & Healthcare Executive | Serial Entrepreneur | Scientist | Board Member
One of the most frustrating pass notes founders receive is, "It's too early for us." It stings even more when it comes from someone who has never built a startup but claims to be an early-stage fund that makes big bets. But don't give up. Every "too early" is a step closer to finding that one investor who sees your vision and potential. There are lots of fundraising rounds going on right now. But here's a reminder to all of the founders trying to raise money: Keep pushing forward, keep refining your pitch, keep building value, and most importantly, keep believing in your dream. You only need one yes in the sea of noes. ⛵ #startups #founders #venturecapital
The way to avoid this is to lessen the struggle...get a founder with a track record who has VCs begging him to take their money.
Spot on!
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Founder and CEO Oncophenomics
2moVery true. Founders - you didn't build the startup for money. You built it for a purpose. Pursue that and money will follow. Do not be discouraged. Most successful entrepreneurs have seen a thousand Nos in their early stages. At the same time listen to your customers. If nobody wants your product or service then you may not be on the right path. Pivot to the most in demand offering. You can come back later to your dream project once you have some recurring revenue to support your experiments