Building an app – new to startup world – where to raise funding?

4 points by atlasV 4 years ago | 6 comments

I am an experienced developer, me and my team are finishing up a mobile app in a few months now. It would be fully prod ready and can scale internet scales.

I am new to start up and a bit of an introvert - no idea where to go to raise funds. Any detailed/nuanced guidance would be highly appreciated - thanks

davidclark22 4 years ago |

Why do you feel like you need to raise funding? Do you have users today? Do you have a plan for getting users to try your app? Without knowing anything about your app or who your target market is, in general, I'd say you should first focus on getting users into your app and getting feedback on the value it's providing to them. At that point, if you need funding in order to scale, you can start down that path.

atlasV 4 years ago | |

This is such a cliche answer! Ofcourse we know who the target customers are, funding would help in hiring and building more features. Thus increasing the value for the customer and the probability of success.

verdverm 4 years ago | | |

Do you have users? If not you only have assumptions

https://startupschool.org videos are a good place to start. They are also available on YouTube iirc