The responses suggest focusing on product development and converting the waitlist into real users before seeking external investment. This approach could potentially make the fundraising process easier or even unnecessary, depending on the product's success with the user list. Another suggestion is to network with other entrepreneurs and impress them to get introductions to their investors. If the product and the team are good, other entrepreneurs would likely want to make these introductions as it would reflect well on them.
Key takeaways:
- The startup has built a waitlist of over 1000 users and converted some into paying subscribers without any marketing spend.
- The startup is looking for strategies to connect with angel investors in the San Francisco area.
- One suggestion is to focus on the product first and convert the waitlist to real users before seeking external investment.
- Another suggestion is to network with other entrepreneurs and ask for introductions to their investors.