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jerryjemmy2020-03-28 13:30:06
Mobile development
jerryjemmy, 2020-03-28 13:30:06

How to attract investments in a mobile product at the MVP stage?

Friends, hello everyone!

I am developing an application for women - Period tracker. At the moment I have the MVP version of the product ready.
Unfortunately, my pocket is empty, and I can no longer invest my personal funds in product development.

This week I sent letters to potential investors (venture funds, business angels)

The question has matured, how can I attract investments in my product in the amount of $ 100,000?
How to light up and attract the attention of potential investors?

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2 answer(s)
S
Sanes, 2020-03-28
@Sanes

MVP should work. At least some minimum user base should already exist. Otherwise, it's nothing more than a presentation.

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McBernar, 2020-03-29
@McBernar

Well, actually, that's how it happens. If you have an audience, you are making money, the economy is converging and there is a clear plan to increase market share, you can find an investor.
If you just copied the idea, you have 100 free users, and the plan looks like “we’ll recruit users, and then we’ll think about it” - this is unlikely to interest anyone.

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