Seed Funding for Startups - Everything You Need To Know

[@MicroConf]

14 Critical Things Investors Look for In A SaaS Startup: kzbin.info/www/bejne/qqG2f4KOZtimpJo

[@GrowWithWill]

Your vids are always packed with advanced info and extremely valuable advice, even for people who've been at it for a while now (like me). Appreciate you, man!

[@MicroConf]

Glad to hear it! Thanks for being here, Will!

[@BarryFranks]

Thank you for the content. Very easy to digest and whomever does the editing/visuals does a great job too. I intend to bootstrap a micro saas product and provide great value to many people around the world. These videos inspire and educate me to achieve that goal!

[@MicroConf]

Awesome! Thanks for watching, Tobias.

[@PortmannInternational]

Thank you for the content. Amazing and valuable video

[@MicroConf]

Thank you and thank you for watching.

[@codypatron5968]

I have watched hundreds of videos and this is the first one that actually talks about what percentage should be given up at the certain stages of the business, so thank you for creating the channel and posting this video. I actually tried to get into an accelerator program at one of the local universities here in S FL but they are mostly interested in tech start-ups, I am a niche sneaker brand which could become a top 5 brand if I am ever able to get it off the ground. I have put some of my own money but I need help maybe a I should look into another accelerator? I think maybe I just need a partner and/or a grant, with a business partner we would be able to get a loan, if none of that works out then debt crowdfunding is always an option.

[@amonifinau4048]

Thank you!

[@szefip]

Hey love the vid, what is bootstrap in this topic

[@markobojovic9799]

A lot of high-quality first-hand content and experience shared on here, thank you. Q: How hard is it for European bootstrapped B2B startup to sell in USA? Do I need to incorporate? What's the best way to bill your clients(companies), considering business isn't registered yet, cause it's still too early? Thank you in advance!

[@gidd]

Look up Delaware Llc

[@MicroConf]

The mechanics of selling into the US should be handled by Stripe. I would setup a Stripe account and figure out if they require you to incorporate in the US or if you can avoid the extra work.

[@cassiojp]

Keep up with the great work!

[@Om-gg5tk]

great video, Rob! I just have a quick question. If I am interested in coding my SaaS product on my own, which tech stack do you recommend-MEAN stack, MERN stack Or Python+Django+Flask? Or do you recommend I learn some other stack?

[@MicroConf]

Any of those will work. If you already know them I would pick the one you like best and go for it. As long as you’re not using aging tech where it’s hard to find developers, you should be good.

[@Om-gg5tk]

@@MicroConf Thanks Rob! Also I have been Ecom seller since past 5 years. So just curious if your were in my shoes, would you build a SaaS solution serving Ecom sellers which is a niche that would have 1000s of customers(Ecom sellers) and growing everyday day thanks to the ease of starting an e-commerce business today OR Would you rather build a SaaS solution for masses wherein the potential of the solution (e.g Whatsapp) is solving a problem for potentially millions to billions of people around the world?

[@Scuurpro]

I have a website that has around 60k year users with active use time around 5 minutes. It only makes around $100 dollars a month however I need to code and fix a lot of issues. I just work a manual labor job 10 hours a day while I was learning to code. I'm so exhausted by the time I come homes its just been slow going I really want to go full time on this however I'm just so exhausted by the time I get home that I only work on it for 3 -4 hours more on weekends. I really want to go full time on it in 2025. Should I get my monthly revenue up before looking for a seed round?

[@MicroConf]

I’d recommend following my Stair Step Approach to Entrepreneurship. I lay it out in this video: kzbin.info/www/bejne/aaK4e6F8rrefr7M

[@codypatron5968]

I would apply for the tiny seed but am not in a position to bootstrap. All though I have spent 8k on a camping product invention, it's something I would have to get a license deal with and I don't have the time right now so I put it on the shelf I do have a patent though. So I spent 8k and borrowed around 6k from my dad for my niche sneaker start-up, very strong niche but I need help and money. Any suggestions?

[@MicroConf]

At TinySeed, we only invest in SaaS businesses, so I don’t think your ideas would be a good fit. For physical products, I would suggest looking at Kickstarter. I recently ran a Kickstarter for my new book and raised over $100K.

[@codypatron5968]

@MicroConf Yea I think debt crowdfunding or even a rewards based crowdfunding are good options. Thank you for your reply and advice, is the link to your book on the video? I will check it out