Finances · Fundraising

Is it viable to fundraise at idea validation phase to develop a marketplace in Mexico?

Damian Gil Lozano Marketing consultant and entrepreneur

April 5th, 2017

I have some years of experience in the market, the idea is innovative and with great potential and great interest in the potential market, but it's very hard to make a MVP by myself. I'm alone right now.

Fitrepreneur Entrepreneur, Advisor & Investor focused on Fitness Technology

April 5th, 2017

Damian -


I suggest you use tools like www.proto.io or www.invisionapp.com to create a prototype and gather feedback for market acceptance.


The best place to seek funds to build an MVP is from people you have worked with in your industry and/or friends & family. Another option is an incubator / accelerator like www.ycombinator.com or www.techstars.com.


When seeking investment you need to consider who is competing for the same investment dollars. In today's environment, professional investors have access to advanced-stage opportunities - which limits their risk.


Jonathan

Anonymous Looking for a partner to share the profit

April 5th, 2017

Why not? if the idea is really bankable.... I'd chip in.