I'm more of a creative person, not much of a tech person. From this I've gathered that I need a pro type in order to seek an investor. Not sure how to really go about it.
3 years ago you could raise on an idea, 2 years ago you could raise on a prototype, today you need at least 5,000 users as a B2C startup or $5,000 in revenue as a B2B startup before you can raise.
Being a mentor at the Berlin founder institute, we see a lot of startups going through these stages. Let me know if you want to chat further about this, I would be happy to tell you all my knowledge.
Answered 8 years ago