The founder of a billion-dollar startup explains why 'product-market fit' isn't what early investors go for. Here's what you should try instead.

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 20 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 51%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

Early founders face constant rejection from investors. Henry Ward, founder and CEO of Carta, says the reason is more emotional than technical.

, Ward emphasized that early-stage startups are funded based on how much they emotionally appeal to investors.

The actual problem lies with lack of message-market fit, or bringing a message personally attuned to investors interested in the market. Investors in early-stage startups aren't driven by metrics as much as promise of future return. They want to work with companies they get excited about. The message that founders pitch should fit, or be emotionally compelling to, the investor.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Mostly agreed here! Attn: EmmanuelLabor

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 729. in NG

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Cryptocurrency Crimefighter Chainalysis Becomes First Blockchain Company To Make Next Billion-Dollar Startups ListHis sleuthing uncovered $1.2 billion in bitcoin (or $6.5 billion in current prices) investigators thought was lost for good. chainalysis Look into krakenfx and their holding of improper transfers (user error). Numerous people have said responses are vague, “based on value of asset, cannot invest our resources into recovering your funds”. No answer on what value/when they would consider. they uncovered, but did they recover?
Source: Forbes - 🏆 394. / 53 Read more »