How to get your startup funded
How to get your startup funded There are three things that make your startup fundable: Team Product Market Fit TEAM: Investors are attracted to professional teams with good attitude that will execute and do everything within their means to make the business work. It is also essential that the team complements and works well with each other. A tam is usually composed of Leader Sales & Marketing Developer or Product Specialist PRODUCT: The product is the presentation card for the business. It is the business card you use to show to potential funders. MARKET FIT: Should comply with this: Scalable: Making hypergrowth possible Validated: Customers are paying or are willing to pay for your product Whether market is crowded or not The total addressable market needs to be big enough (usually one billion) also must be accessible (what you can reach) For funding startups use Venture Capital (VC) and Angels who usually want 20% of the business. VC's an...