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Is it realistic to have a goal of getting an investor off a prototype? (alien.top)

submitted 1 year ago by Mother-Barracuda-107@alien.top to c/entrepreneur@indiehackers.space

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I only have a few thousand dollars available. I know I can make a good working prototype for that much. The problem is I need realistically around 100k to get the initial design completed for real manufacturing plus maybe another 25k-50k to make the first “batch” of my product.

Is it realistic to even try getting an investor for that much off just a prototype?

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[–] Adamthekingdean@alien.top 1 points 1 year ago

I'd say yea but you're alot more likely to get that same investor if you focus on building up a big waitlist and interest alongside the prototype.