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Expensive SaaStr: Can A Startup With out Any Prior Expertise Increase Cash From VCs?

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Expensive SaaStr: Can a startup with none prior expertise elevate cash from enterprise capitalists (VCs)?

In fact, however the reply is a little more difficult than that.

The much less confirmed you might be, usually talking, the additional alongside you want to be to lift from VCs.

  • A founder that offered their final firm for $200m? They will in all probability elevate pre-product.
  • Top-of-the-line groups out of OpenAI, going out on their very own? Ditto

However founders out of nowhere, actually, with no observe report? You must show product-market match and robust progress, not less than comparatively talking within the early days.

A bit extra right here:

Expensive SaaStr: When is a Startup Able to Increase Enterprise Capital These Days?

 

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