Angel investing · Entrepreneurship

Is it possible to get investment from angel investor without MVP?

Zura Kvinikadze Young entrepreneur, digital marketer

July 1st, 2017

I mean, is it real to get funded with only an idea? Now, I can create prototype of the product, but not MVP, which will be tested on the market. For making my idea realized and go to local market, i need 25K$ and if it is real, could you please advice me how to find that person.

Aik Frost Founder & CEO, PhD-E, PMP, launched 5 successful companies in real market

July 3rd, 2017

Hi Zura,

It is possible to rise investments without MVP with three necessary parameters:

- startup has well-known and successful team of developers with confirmed track-records

- your idea has to be really innovative and breakthrough of a market

- your idea has to be clear and to be confirmed marketing surveys, economic assumptions

If you don't have all three parameters your chances go down.

Source of angels:

Aleksey Malyshev Software Engineer at iTouch Biometrics, LLC

Last updated on July 3rd, 2017

I am sure there are angel investors who would invest, but if you don't know one, I would say it's impossible. Don't waste your time looking. Either find a way to make 25K$ and invest yourself or try to make it with less money.

Akande David None

July 3rd, 2017

Hello zura

I think your idea should be a problem solving one if it will breakthrough the market, and convenient to use in any form it may be. I dont really know what it is but it should be something needful,important, amd convenient to use without these i think your chances become reduce

Team work as a long way to go also try and work with like minded and individuals