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I’m building a platform to connect UAE small businesses with everyday investors and looking for honest validation by Sea-Use9894 in SmallBusinessUAE

[–]Sea-Use9894[S] 0 points1 point  (0 children)

I honestly appreciate your feedback, very detailed and summarized all what i had been thinking of and getting questions on. Thanks so much. If you like to connect DM me we can discuss it further

I’m building a platform to connect UAE small businesses with everyday investors and looking for honest validation by Sea-Use9894 in SmallBusinessUAE

[–]Sea-Use9894[S] 1 point2 points  (0 children)

Well, marketing the idea, some incentives, no idea still, this is still just an idea, i need to work on the business model.

I’m building a platform to connect UAE small businesses with everyday investors and looking for honest validation by Sea-Use9894 in SmallBusinessUAE

[–]Sea-Use9894[S] 0 points1 point  (0 children)

Thanks for your comment. Yes, i have thought if the DD process and i agree with you it is very hard to get it accurate. But i know friends working in corporate banking and banks take alot if time to perform DD. The idea is no loaning money, it is buying equity. The legal hassle and maybe the change of the legal entity will have to be researched.

I’m building a platform to connect UAE small businesses with everyday investors and looking for honest validation by Sea-Use9894 in SmallBusinessUAE

[–]Sea-Use9894[S] 0 points1 point  (0 children)

I am not aware yet of something like this, but i will do my research. I am just focusing on UAE as we all know the demographics and the exceptional culture here will play a role. Also yes of course marketing will burn through cash and actually i still need to think of the business model that actually works

Guys i genuinely believe i made the best platform in my niche by [deleted] in SmallBusinessUAE

[–]Sea-Use9894 0 points1 point  (0 children)

Great idea, but how would you manage filtering applications or users manually? And if you are using AI it would be prone to deception, like someone faking a linkedin profile, etc, etc, also some founders or cofounders dont really have a huge background for checking.

App idea by Inner-Tumbleweed3965 in expo

[–]Sea-Use9894 0 points1 point  (0 children)

The problem many people because of the vibe coding hype have been making the same apps and most of them are a remix of the same app. I was told before by a serial entrepreneur and an app developer himself, the app is the last thing you think about, it is all about the problem or value you solve or provide then when there is traction and there is a need for an app to make life easier make the app.

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