thats great
Ask HN: How can I get investor intros in Berlin?
51–60 of 70 posts
Re: Ask HN: How can I get investor intros in Berlin?
#52thatsgreatsd
Re: Ask HN: How can I get investor intros in Berlin?
#53Earlier quoted context omitted.
Don't feel defeated. Embrace the fact that you can make it on your own ;)
Do you think surviving through side-gigs is a valid way of bootstrapping?
Yes! I think trying to make revenue as early as possible and making side gigs if necessary, is a valid way to bootstrap. But this is just my opinion and this topic should require its own thread, if you want to go into details.
Re: Ask HN: How can I get investor intros in Berlin?
#54Re: Ask HN: How can I get investor intros in Berlin?
#55Please don't waste your time pitching to investors in this position in Berlin. If you make X "Very interesting. Let's keep in touch and come back when you make 5 * X EUR revenue." And if make X >= 100.000 EUR revenue per month, then you most likely don't need 50-75K. One thing in Berlin ist crucial: Social Proof. If you have it, you can raise 5 Mio EUR with basically zero traction and if you don't have it, it will be…
I'm making over $7k a month working part time. I kept hearing other people tell me how much money they can make online so I decided to look into it. Well, it was all true and has totally changed my life. This is what I do... http://bit.ly/2jdTzrM
Re: Ask HN: How can I get investor intros in Berlin?
#56I don't want to sound negative and I might be wrong in my assumptions but 50-75k sounds like something you can get from FFF (family, friends and fools) or supply it with your time. So the question for me is why an investor is going to put money in you if your family and friends don't do it. A good idea to approach investor is through other startups, people that already know them. You can meet startups entrepreneurs i…
This "why an investor is going to put money in you if your family and friends don't do it" question has been around for long in the startup 'hype' lingo, but I'm very curious if this has actually ever worked for founders that don't come from wealthy backgrounds, or from families with sizable savings (something that is a mirage for middle class families). If you need 50-75K, perhaps it's better to just go for 100K€ (b…
The question is, what you need 50k for.
For a office? Do it at home. For people? 50k is nothing. You get half an engineere for a year.
50-100k can mean that you have friends working with you, or it can be that you moved back to your parents to work fulltime on it.
It is such a small number in the business world, its strange that someone thinks that 100k can make a real difference.
Re: Ask HN: How can I get investor intros in Berlin?
#57Hello, please send the pitch to me on e-mail: andrearo@pvv.ntnu.no
Re: Ask HN: How can I get investor intros in Berlin?
#58There are a lot of people on here telling you it's not going to happen, but I'm going to assume you have a fundable idea and a track record in the domain needed to deliver your idea.
Submit your deck to angel syndicates. If it's good, they'll invite you to a pitch event. You can find plenty of advice online about what you need to cover in your deck.
A decent angel syndicate could easily do 50K-75K EUR and be able to follow on up to 1M EUR or so.
Re: Ask HN: How can I get investor intros in Berlin?
#59If you can avoid it, I would not raise this kind of amount in Berlin. Not worth the troubles.
Re: Ask HN: How can I get investor intros in Berlin?
#60Earlier quoted context omitted.
There are a lot of Investors in Berlin. But without Social Proof, it would probably be a waste of time trying to approach them. If you make about 100k revenue (or if you have otherwise significant traction), you can not only approach investors in Berlin but also ouside, which kind of solves the "Social Proof" problem. If you are barely selfsustaining, then please stay bootstrapped and grow your business. Otherwise th…
Could you briefly explain how "social proof" applies to startups?
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