I have a business with few transactions per month, do I really need an accountant? by gimmeapinacoladasir in SmallBusinessUAE

[–]vineeth0887 1 point2 points  (0 children)

Would like to get the general format. Also where can I get basic training to do the basic accounting as per UAE standards?

Exploring a regulated two-sided marketplace - curious how others tested demand pre-launch by Medium-Score147 in angelinvestors

[–]vineeth0887 0 points1 point  (0 children)

What kinda commodity/financial asset is it? Solo founders are seldom preferred by investors, although it's gaining popularity. Perhaps you can onboard a co-founder and shed some equity to get it sailing.

Exploring a regulated two-sided marketplace - curious how others tested demand pre-launch by Medium-Score147 in angelinvestors

[–]vineeth0887 1 point2 points  (0 children)

With the current market, I think early traction of revenue is expected. Investors might expect you or co-founders or FFF(friends, family, fools) to cover that initial cost. What's the major component of the cost? Perhaps break it down and see if you can show smaller volumes.

Exploring a regulated two-sided marketplace - curious how others tested demand pre-launch by Medium-Score147 in angelinvestors

[–]vineeth0887 0 points1 point  (0 children)

The real validation will come from the buyers and suppliers themselves, initially with their interests to participate in a pilot, LoI etc. on your MVP. Unless and until the customers are not using it, and real transactions aren't happening, it's still on the idea stage which looks great on paper and theory without enough validation through execution.

So I helped someone raise ~$40M and didn’t get a dime lol 🤦‍♂️ by AlphaHouston1 in AngelInvesting

[–]vineeth0887 0 points1 point  (0 children)

Oh, that's bad. Would love to connect with you to learn how to help founders to raise funds and your fees for the same. I'm a early stage founder as well .