Ideas and Validation August 13, 2020

Getting positive reviews from customers and validating our startup✨

Ozzy101

It's a great feeling when your work is being appreciated especially when your startup is new.

We had some of our customers raise funds from the investors database https://fundmystartups.com we provided them with. Our next step is to scale the database and get more investors on board. We plan to release a Version 2.0 with many more cool features I have in mind.

Thanks for reading this.

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    First of all, the list of big funds is completely useless. They have tens of partners and each partner has different interests. Writing an email to a big fund's [email protected] mailbox is wasting of time. If you want to get their attention - you need to pick a partner and approach the partner directly. It should be a list of investment partners, not list of funds.

    Second, I don't see an "areas of interest" column. Without it I'll have to open every single website in your list by myself to check what they are interested in. Having this column would significantly increase the value of your list.

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    How do you guys think about pricing?

    My experience is that fundraising is done in batches.

    Essentially this is similar to buying "leads" and generally leads are purchased in batches, burned through and then new ones are bought.

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      We are still experimenting with the pricing. But so far so good

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        I mean do people stick around? I'd just subscribe for a month, grab them and cancel my subscription. You're seeing something different?

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          The business is still new. I mean we launched about 3 weeks ago and we started getting our first customers since last week.Thankfully we haven’t had any cancellations yet. And our dataset is accessed in batches just as you mentioned.

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            oh cool. that's awesome.

            What do you mean accessed in batches? as in that's the customer's behavior or the product only let's you access investors in batchs?

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              Yh the product only let’s you access it in batches. The pricing plan a customer chooses determines how many investors data they can access

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                got it. Did you guys just manually gather these? from crunchbase, twitter, etc?

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                  Some where manually collected. While most of it was scrapped.

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    I'm curious if you have an answer to this q: I'm a Founder that also wants to make a few side angel investments per year. How can I access deal flow without being part of an Angel group. I just want to directly interface with Founders.

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      I'm trying to do something similar. Try subscribing to syndicates on angel list. You'll get their deal memos and can reach out individually if you see something you like.

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        Thanks Andrew - I did apply and get accepted to Angel List. I have not yet submitted to any of the syndicates although it sounds like that is the next step.

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        This comment was deleted 2 months ago.

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      This comment was deleted 2 months ago.

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        Did you read my post?

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          This comment was deleted 2 months ago.

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    This comment was deleted a month ago.

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      Will do. Thanks for the suggestion.

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