How I Met 75 Investors and Raised $650,000

Re:How I Met 75 Investors and Raised $650,000 by devgutt on Monday March 18, 2013 @09:10AM (#5393861)

Please don't get me wrong, but it seems a lot of work in the wrong thing instead of developing and improving the product, even more wrong if you are a solo. Just my opinion.

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Re:How I Met 75 Investors and Raised $650,000 by thatfloatingguy on Monday March 18, 2013 @10:11AM (#5394239)

Maybe I'm misunderstanding, but $650k seems like a huge return on 3 months of one person's work, which they can then pour back into the product, hopefully improving it far more than they could've in 3 months without $650k.

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Re:How I Met 75 Investors and Raised $650,000 by jyu on Monday March 18, 2013 @10:53AM (#5394507)

OP is a middlebrow dismissal, but I'll bite. She went through 500startups, so it's pretty likely she wants to go through the VC path. Looking at the site and the product (sample food monthly subscription like birchbox but for food), the challenge is not do people like this or does the business model work, but how can I scale from 500 subscribers to 50,000 subscribers to get economies of scale and become profitable. Focusing on getting money to acquire new customers over focusing on improving design/product makes a lot of sense in this specific case.

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