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Founders who raised from Friends, Family and Fools, how did you go about doing it? I will not promote
Simple question. I'm MVP stage and slowly getting some traction. I need some initial funds to scale to get enough clients and survive to go for a pre seed or even a seed. How did people manage to convince the three Fs to invest and trust you with their money? Did you pitch them, at one time or separately? Who did you target? What mechanisms did you use for them? I'm a very early stage SaaS. Appreciate any help here as I want to keep this alive and make it work.
The project is in an extremely nascent stage with no defined product, market, or team credentials, and the founder is currently seeking basic survival capital from personal networks. There is insufficient information to determine any competitive advantage or scalability, making it a high-risk, non-institutional-grade prospect at this time.