You raise 1M USD in seed capital, what is the first thing that you will do with it?

Have a fully functional product and have 20 paying customers. What will it take me to raise a first round of 1 to 2 mn.

What is your opinion on a successful startup, is it raising million dollars, is it valuation, is it making profitable. My startup could make 1 lakh per month profit, revenue is around 1.5 lakhs, At this point, I do not understand what to achieve now. I did not raise single rupee. This question raised when I am about to raise 10 lakhs for 20%, This happened very randomly, I’m unsure about my company future. After working on this, the plans when I thought initially faded

willl try my best to be honest, ask me anything

My current salary is 42LPA. I am from IIT, have 7 years of experience and work in product. Honestly, my value in the market is higher than what I’m being paid but I am very demotivated to optimise for that. When I do see less deserving people minting more money, I feel that I am doing injustice to myself and playing the wrong hand. More and more though, the thought of earning more money chokes me a bit. I have dreams of building something of my own - that gives me control to build something my way and freedom to live my life as per my terms. But the mindset of “zyada paisa pareshaani hai” doesn’t leave me. My family also is not dependent on me and whatever is needed from my side, I actively contribute to. I also lack any motivation to focus on my investments and see my money grow. I just have money sitting around in my bank account purely for nothing I also look at my lifestyle choices from time to time and go into existential debate of why we need the things that we do. This has come to a point where I really do not understand my relationship with money and why we earn and spend it. For me at this point, it’s just a show for the world. There’s very little that you need, and really no limit to what you want to show. And I just don’t see a point in it anymore.

Currently I’m in the stage of building the MVP of my idea. Idea is not something unique. Already has a lot of competitors. In that scenario what is the chance of somebody investing in my startup. And I am also not from any tier 1 colleges or not an ex employee of any unicorn startups. In fact I am a college drop out from a tier 3 college. What is chance of I’m getting funding?

So currently working on a very small scale start-up as a founding engineer (ik), recently got a contact of a seed investor who is also working as CFO in an unicorn, I wanted to reach out to him for seed investment but I'm pretty much unaware of what I should write to him, I'm more into technical side of the company. Should I talk business numbers and the scale at which we are operating and the sales? Or what exactly should I propose him?

Look you need to have few database server farm decentralised for major countries,, and those will handle millions of searches every second plus you need to build an entire company and software systems to serve customers with potential few office and sales in 5 major countries. The product is full market fit and even 500 million users might pay a premium for it. What's your view? If any questions, please ask in comment.

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