What is the ONE big thing every founder can do to attract funding?
Kayode Odeleye
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Availability of funds to bring ideas to life or scale existing ones is at an all time low. But founders can't give up
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Ivan Ralic@ralic
Collabwriting
Have an MRR 😅
I mean VC is a hype train, they've spent 100s of billions in web3, then AI startups that most already died with arrival of ChatGPT, now there are specialized chips and devtools (not understanding that big tech will destroy them all). Soo, either be part of the hype, or be able to build a business without them and use them as a fuel to grow faster.
In this market it seems like it's easier to get the funding in the ideation stage which is crazy.
If you have any kind of traction, then there's a lot to do to explain risks, data etc.
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