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by nimstr
4822 days ago
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You've been working on this project for several years; is there a monetization system in place yet? If not, your first step should be to build one. I've found that when you can build something that generates a cash flow, it becomes a lot easier to do all those other important things. Like 10x easier. Investors are probably going to shy away from something that's been around for several years with no money. |
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It's a big cloud project and just getting it launched and running is going to take at the very least some DevOps people.
It doesn't initially make sense to me that investors would shy away from something with so much existing value. "I've done the heavy lifting, and that's a bad thing?" But I think you're right, I can see how fast-paced technology investors would be more interested in snapping up a large stake of a project with a greedy, determined leader.
I need more of a bank-loan sort of investment, which unfortunately I can't get because I trashed my credit.