Most first-time founders start with a product idea and back into a business model almost as an afterthought — figuring out how the money actually gets made only after the idea already feels real. It usually should go the other way. The model you choose shapes your costs, your fundraising…
Tag: Founders Office
FOUNDER'S OFFICE
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What does a VC actually do with your idea?
Most first-time founders walk into a VC pitch with one of two mental models: either “I explain my idea, they write a cheque,” or a quieter fear that the idea itself is the valuable part, and someone might simply take it. Neither is close to how venture capital actually works…