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Is it mandatory to have a MVP before I see investors? (alien.top)

submitted 11 months ago by world_designer@alien.top to c/entrepreneur@indiehackers.space

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(crossposting from r/startups)

I'm currently facing a bit of a conundrum and would love to get your insights. I understand that investors typically look for a minimum viable product (MVP) as proof of concept and the viability of a business idea. However, in my case, I need funding to develop my MVP.

This puts me in a tricky position: I can't build my MVP without investment, but getting investment seems challenging without an MVP. I believe strongly in my technology and its potential, but I'm not sure how to proceed.

Has anyone here successfully navigated this situation? How did you convince investors to fund your idea before having a tangible product? Any advice or experiences you could share would be incredibly helpful.

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[–] fediverser@alien.top 1 points 11 months ago

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