(no title)
bosky101 | 9 months ago
MVP matters.
Customer traction outweighs all.
Getting folks to pay for AI is challenging. If you manage to crack a niche and do so and pay or pre-order - that will give you an understanding and core tenant that is expected from companies to scale once they get accepted into YC.
It's tougher to get the average chatgpt free user - to pay for an unknown startup. All you need is one company to agree to pay. Because if you can get 1 (not friends & family), you get 10. And then get 100.
If I were you, my #1 focus for the entire team would be to get 1 company to pay, before starting to build or touch code. Get the initial NO's to tweak every cold call/email/pitch refining every day until you crack your first deal. I would stay away from long tail consumers.
Good Luck!
Akshaiy|9 months ago
bosky101|9 months ago
Confident and serial entrepreneurs are able to raise with just an idea/meeting because there is some precedence.
But there is a silver lining.
You don't need funding to startup.
If you do anything that gets a lot of users using it. I guarantee you investors will be the ones chasing you.