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Hello everyone, I need some good advice on what to do. It seems to me that I am falling into or have already fallen into a stalemate and without advice anywhere.
We have a project, a plan, and our team developed the MVP. We very diligently sorted out (all of course at our expense) a lot of preliminary attempts and our drone has evolved from standard dimensions to the current 9 square meters with the possibility of being on board reconnaissance drones and strong autonomy the ability to quickly change equipment to suit the needs of customers (for example, agro schemes and so on).
we came to the conclusion that this development in the MVP is no longer affordable for us, since there are quite expensive (By our standards) parts, at least their development team (Only the founding one works almost 24/7 at its own expense) , the rest of the participants spend exactly as much energy as we can cover from our own pocket (Well, it’s like they feed their families).
The question is, what is the right way to do this? Is it really possible to talk about investing at this stage? Constant refusals greatly shake faith in the project, it came to a conflict of interest and betrayal (well, I call it that for personal reasons) of one of the co-founders (fortunately, it didn’t turn out critically, he left peacefully and without a share in the company). And the amount needed, well, in general, it is not large. Up to $150,000 for a maximum of half a year of development (You can try to squeeze in a smaller amount if you wish). But I don't even know where to go anymore.
There is no need to write about the FFF rule, it does not work in Ukraine and the CIS countries, local investors do not work either, for $ 10,000 they generally want almost 80% with development rights. Everything is greatly aggravated by the fact that we are citizens of Ukraine, although we are incorporated in the United States.
Hi-tech industry, robotics drones. I would be grateful for advice.
P.S. I hope the topic is not taken down.
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