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Hello Everyone, I hope you are doing well.
I have gone over this subreddit and I understand that many of the posts here are investment requests but, I am here to ask a question and maybe see how this goes.
So, I have finally begun my start up. I have a team of 5 and growing and we have begun the process of crowdfunding on GoFundMe. Granted I have heard that that may or may not be the best way to help fund a site but, I felt that it was safer until we got the website of ours going. It is an art based social media site. For anymore information, I would be so delighted to answer any question you have. We have our social media up (again, just started as well)
Now, I am aware that NO INVESTOR will just invest on an idea without execution, a team, and some form of cash flow. Now cash flow is why I am here to speak to all of you.
I wanted to know if it is still possible to speak to investors without any cash flow as of yet? The team is together, to social media is up, we completed our Coming Soon Page that will give information of our development but, there is no Cash Flow as of yet. Without this one component, that I know is a MAJOR part, is it still possible?
Also, how much cash flow is needed to even pique the interest of a potential investor?
If you would like to know more of our start up please donβt hesitate to ask me.
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- 5 years ago
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