Ten years ago, I raised money with a PowerPoint presentation. Today, the expectations of investors are much higher. Investors want to see working products with paying customers before writing you a cheque.
But what should you do if you’re a non-technical founder with no way of building your idea yourself? Recruit a team? Hire a freelancer? Beg friends and family for their savings?
I was in your situation five years ago. Here’s the path I took:
Sleepless in San Francisco
Five years after my first venture, I moved to San Francisco to pursue a new startup idea. I prepared my PowerPoint and went optimistically to investors. This time, the track record and pitch deck weren’t enough — they wanted to see a team with a prototype.