berlinftw

Hey I have a question for you. I would like help writing an extensive business plan, since VC's have asked for one.

I've found a qualified consultant who already did work for me and would be willing to do this on a deferred basis. Can I include this expense in your opinion? It's under 6k usd but would have to be paid out of the budget. The person said that someone they asked said VC's don't like to pay for any past expenses.

thanks for an opinion.

Could you be more specific than "angel syndicate"? Thank you.

We do have a track record of shipping in this domain.

No, we are not German. We are a distributed team and would like to make connections in Germany "the startup capital of Europe" but if this is impossible we will just bootstrap and then later raise money in America like everyone else.

Noted - thank you.

Sent, thank you.

Our team is distributed and we are not at the right stage for such a massively competitive application. Very few of the most promising startups are able to be accepted to YCombinator.

It is a high-end, connected, smart-home type hardware product that slowly poops bars of gold for its users while giving them great utility (which outsiders may or may not appreciate), and also poops bars of gold for us, and for our partners (without ad impressions or selling the information of our users). You could draw some parallels with Nest, but we would not like to leave our users stranded following an acquisition/sunsetting, so it is designed to continue indefinitely in such a scenario.

I have read through this thread and I have concluded that it is unlikely for me to make meaningful connections at our stage, or any stage, in Europe.

For the people wondering, we are building a connected device that users want and which poops money for us and for users. Based on my research this is not a value proposition that is of interest to venture capitalists.