I'll start
I don't have generational wealth to fall back on. Have a little saved up cash, which I fear will dry up finding PMF. Then I'll have to go back, now with dejection
I am working on Exponent as a side project but want to pursue it full time. Reason is similar to yours, I'm early in my career (<4 yoe) and don't have a lot of savings to fall back on. Currently raising a preseed round
Some context: Exponent is an exchange where you can invest in creator stocks to build wealth for yourself. Launched with the fantasy app (real money app will be launched soon): https://www.exponent.club
Can you share more on your journey of raising funds?
I can’t raise money to save my life. Something about pitching ideas to investors was not built into me. Furthermore I can spend millions of my own money, if and I had it, rather then spending $100 of someone else’s. Will give me endless sleepless nights and anxiety.
I have created and scaled two SaaS products in the past to the 0-1 stage. But could never force myself to take money from the 3Fs or external investors. So the 1-10 journey never happened.
This is why you need Co-founders
Agreed. Will add it to my xmas list.
In all seriousness, it falls into the 3Fs category I mentioned above. Friends family and fools are the first people I would tap to be a cofounder. But not open to sharing the burden with them.
Finding a co founder outside your circle is a Hail Mary.
Umm…
Myself
Background: I completed my engineering degree from a tier 3 college in India and have been working as a software engineer in multiple early-stage startups in India and UAE for the past 7 years.
I have always had a desire to start my own...
What are your reasons to not start up, in case you wanted? What challenges you know of and still started?
I’m sure all of us have thought of something exciting to start at some point, but choose to continue with corporate life.
Would love to hear ideas from this community, and understand what stopped people from building out.
