PerkyKoala
PerkyKoala
Student

Made a social media app

Have made a social media app launched it on campus and within few hours we have 200 users and almost 1.5k posts also there is good feedback and users are suggesting various use cases also we have a business model figured out How do i meet potential investors in bengaluru I will not take more than 10 minutes to show them the product What should i be doing at this stage

10mo ago
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PrancingBurrito
PrancingBurrito

Congrats buddy 🎉

Launching an app and getting initial traction is no mean feat.

IMHO, it's very early to approach any investor at this stage because 200 is quite an insignificant sample size.

Scale it to at least 10K+ users and your pitch may have some weight.

Also, when you have a reasonably sizeable audience, you can fine-tune your app further and make it more market-ready.

PerkyKoala
PerkyKoala
Student10mo

I have no money to do so as the app that i wanted to build is nowhere close to my vision i coded and made live the whole thing and i need money to scale it

DancingDonut
DancingDonut

You can pitch this and get AWS or GCP grants to cover your cloud computing costs.

GoofyPotato
GoofyPotato

Focus on building retention and engagement on the platform. Since it's a social media app, the monetization models would highly depend on the engagement. Don't go to VCs. If required, run it bootstrapped or take a Friends family round

PerkyKoala
PerkyKoala
Student9mo

I have figured out monetization and i need seed

GoofyPotato
GoofyPotato

How much are you looking to raise?

DancingBurrito
DancingBurrito
SquishyBanana
SquishyBanana

Good start, but too early to meet any investors. First grow the app, solve retention problem which I’m sure will be there. Generate real revenue and eventually hope an investor invites you to talk.

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