The demo gods smote me again. But this isn't the time for sour grapes, it's time to pass along my reflections for other serial entrepreneurs like myself. The key takeaway isn't that no one wants our product. It just proves that wealth, years of business experience, and traditional "success" can't prepare investors for real innovators like you and me.
Sometimes they just can't see past negative cash flow, zero users, and a non-functional prototype to the obvious beauty of your ideas. That just means we have infinite upside, 0% churn, and we're not "locked-in to legacy code". It's their loss, right?
Most Venture Capitalists are WAY too easily distracted by fixable details to understand your grand vision. They say stupid things like:
- Do you have testimonials besides employees, friends, and family?
- Has your leadership team had any previous success?
- What market research have you done?
- Did you test this on Wifi?
Although I'm not a developer per se, I'm pretty technical. This idea feels good. Once we hire some devs, it'll usually work the second or third time the user hits Refresh.
I'll be busy pitching my idea for quantum-entangled AI to investors who aren't afraid of my lack of experience. Check back soon for my next article on how to wind down a business. I have extensive experience writing letters to bill collectors, unincorporating paper corporations, and filing public notices for auctions. I can even share my ready-made templates for bankruptcy filings in three states.