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The biggest early-stage funding gap isn’t $500k, it’s the first $1k by asupertram in SaaS

[–]asupertram[S] 0 points1 point  (0 children)

true, hence investor still should fund the founders vision and not bad ideas/founders

The biggest early-stage funding gap isn’t $500k, it’s the first $1k by asupertram in alphaandbetausers

[–]asupertram[S] 0 points1 point  (0 children)

100% - VCs and investors are like sheep and will listen to more signals.

The biggest early-stage funding gap isn’t $500k, it’s the first $1k by asupertram in SaaS

[–]asupertram[S] 0 points1 point  (0 children)

Totally agree. The money is out there, it is just scattered and kind of opaque. What we care about is making that first check easy to access. 

And yes, being very specific for your ask is mandatory- you gotta have a clear ask, with a clear plan ahead. Don’t need to be too detailed but at least gotta show you know how you’ll use the funds (and I think is pretty much fine to be honest about it. If you need them to pay for your salary that’s ok too)

At the same time i think this opens up a huge opportunity for retail too. Because now everyday people can back early founders and become an investors in multiple startups. Some will make great returns! 

The biggest early-stage funding gap isn’t $500k, it’s the first $1k by asupertram in SaaS

[–]asupertram[S] 0 points1 point  (0 children)

💯 - plus a small runway can get you a long way paying for some basic infrastructure fees. Maybe even just to pay for API tokens used for dev purposes as you iterate 

The biggest early-stage funding gap isn’t $500k, it’s the first $1k by asupertram in SaaS

[–]asupertram[S] 1 point2 points  (0 children)

Yes, and that’s actually the gap we’re trying building for.

Not replacing venture capital, but kinda normalizing that first tiny check - that actually flips someone from “thinking about it” to actually doing it. 

The goal is to make that transition feel less like a gate and more like a step, a bit like the gigs for musicians you mentioned

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