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At what point should a SaaS founder actually go look for investors? Not asking theoretically, genuinely confused (i will not promote)
We have been building for about 6 months now. got some early users, a few paying customers, revenue is small but its real. and now people keep asking me "have you raised anything?" like its a checkbox i was supposed to tick already. so i started thinking. when is the actual right time? not the twitter advice version. the real answer. because from what i can see there are basically two types of founders one goes to investors early. like pre revenue, sometimes pre product. they raise on the idea and the deck. some of them make it. most of them spend 6 months fundraising and come back with nothing except a worse cap table and a bruised ego the other type waits. gets to 10k mrr, 20k mrr, builds something real first. and then when they go raise they have leverage. investors need them more than they need the investor but then i hear the counter argument. you waited too long. a funded competitor just out-spent you on distribution. Doesn't matter how good your product is if no one knows it exists so i genuinely dont know which camp is right my current thinking is: raise when NOT having money is the actual bottleneck. not when you're scared or when people expect you to. only when theres a clear thing you can't do without capital and you're confident you can do it with it but i could be completely wrong i am really curious what people here actually did. did you raise early, raise late, or not raise at all. and what would you do differently #
The startup demonstrates early 'real' traction with paying customers and a founder with a pragmatic, capital-efficient mindset, which are positive qualitative indicators. However, the lack of specific information regarding the market sector, product differentiation, and team background makes it impossible to validate high investment potential at this stage.