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Cess
@cess
do you think bootstrapping as a first time founder to find some level of users or revenue is a better signal to VCs than just having a nice MVP and pitchdeck?
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Andy Jagoe
@andyjagoe
users (and better yet, customers) is always better than a nice MVP and pitchdeck. one of the biggest questions at the early stage is "do people really want this". It's very difficult to know until you try, so by having users/customers you de-risk this
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0xG0nz0
@0xg0nz0
Book recommendation: Traction, from the founder of DuckDuckGo. If I had to do it all again I'd spend zero time pitching in the first six months, just focus on building experiments and seeking traction. While revenue is best, it is not the only possible metric.
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Alok Vasudev
@alok
It depends on what the idea is and whether early revenue is a risk inflector or not
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Prime
@amazonprime
1 billion percent better to have users.
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abhishek095
@abhishek095
Capital can buy you growth it does not change the core metrics of the business. If you are bootstrapped with demonstrated PMF (strong engagement, high retention and low cost acquisition) then it is incredibly impressive. In such cases VCs would give you capital as capital can help you acquire users faster
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Ben 🟪
@benersing
30000 $degen
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Yonkuro🧪🎩🍖
@yonkuro
Having users and revenue is strong. Additionally, the ability to launch products that follow trends, execution capability, and marketing strategy are important. Even if these have not been implemented, it is possible to conduct research and make plans.
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yangwao ↑
@yangwao
Having p/m fit is the best signal, you don't even need a deck.
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