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New product idea.
by
Mohd Danish Yusuf
https://twitter.com/mddanishyusuf/status/1433402786830372870?s=21
Depends on who you want to talk to get the money. I've been down the road of talking to investors even for small checks it's a lot of back and forth.
Going forward, I'd rather spend the time talking to users. Find 20 users who will pay $500 upfront for a Yearly plan, and charge $49 a month regularly.
Or: Find 100 customers who will pay $99 for a Lifetime deal. nets you roughly $9k after stripe fees and/or gumroad fees.
Hey, Andrew. This is also a way to run a company but not all investors like this. The purpose of this platform is to onboard those investors really want to support the solo founders.
You could be the investor into early-stage ideas and apply your experience to that. it's two-way benefits.
I like the idea, but I would allow users to group up for an investment, e.g. 10 investors can invest 100k
Hey, but it's not for a big investment.
I see
I like how fast you bought the domain micro-invest.io hahaha.
haha, I also build MVP in days.
It does sound something angels would use for a $10k - $20k check size. If you are going to execute on this, angels sound like the right audience to speak to.
Kinda angel investor also joins this plateform.
So when you talk about $10k - $20k check size, is that someone giving it all at once or are multiple people contributing to reach that goal?
Love it! Would love to invest in small projects that I believe! I think it would be even better, if the platform would be like crowdfunding and the sums could be a lot smaller, for example starting from $100.
https://wefunder.com
"Invest as little as $100 in the startups and small businesses you believe in."
This idea is for those who run a successful internet business. So, they can guide the founder.
crowdfunding is different market.
This comment was deleted 5 years ago
nice idea, need to execute and not everyone have 10k-20k
Thanks, Fajar. I'm happy you love the idea. See on ProductHunt on Sunady
This comment was deleted 4 years ago
It's a founder & investor discussion. If the project is just launched and making less than $500 then 5% for $10k.