Hippoland

FEBRUARY 12, 2018

Etc… At the pre-seed stage, a big way to stand out is if you have a V3 statement (as opposed to a V1 statement). Here’s a concrete example of what I mean: when I was pitching LaunchBit, we started out as an ad network for email. At the pre-seed stage, there is no way to prove that your thesis is right or wrong.

Seed Stage 48

Seed Stage Business Model B2B Email 48

Hippoland

FEBRUARY 12, 2018

Etc… At the pre-seed stage, a big way to stand out is if you have a V3 statement (as opposed to a V1 statement). Here’s a concrete example of what I mean: when I was pitching LaunchBit, we started out as an ad network for email. At the pre-seed stage, there is no way to prove that your thesis is right or wrong.

Seed Stage 48

Seed Stage Business Model B2B Email 48

Hippoland

AUGUST 16, 2018

And, your idea is 50th social networking site of the week. There were/are so many freakin’ ad networks / ad exchanges / ad platforms out there that LaunchBit was just undifferentiated. And just play the probabilities in your head of who will actually be likely to invest in a random company at your stage. Basically zero.

Sales Cycle 54

Sales Cycle Differentiation Early Stage Bootstrapping 54

Hippoland

AUGUST 16, 2018

And, your idea is 50th social networking site of the week. There were/are so many freakin’ ad networks / ad exchanges / ad platforms out there that LaunchBit was just undifferentiated. And just play the probabilities in your head of who will actually be likely to invest in a random company at your stage. Basically zero.

Sales Cycle 48

Sales Cycle Differentiation Early Stage Bootstrapping 48