No sarcasm . . . How is it not possible to survive for a year for 50k? . . . We do not need an office or need to hire any employees - we just need some hustling cash! . . . where are you guys from?
Well we have been unofficially launched for two months and just passed 1,000 MAU'S. We have a couple of high profile users (NBA ALL STAR) and we are going to launched again on Product Hunt next week by a well known influencer . . . . The market is growing and we are solving a problem that many others have abandoned. It's just about growing this thing. We need 50k for the next year to focus on growth and increasing the valuation.
Yeah, we are raising 50k at 1m valuation . . . . . I'm guessing they are saying this because the valuation is too high? Maybe investors want more equity . . . . Or they assume that we will need more than 50k to grow which will increase our valuation?