| ▲ | skeeter2020 7 hours ago | |
I get that the focus of this article is on the tech portion, but I don't know anyone pitching today (aside from OpenAI) who is asking for big funding for the tech costs. It doesn't really matter if you built a system that costs you $200/month or $20/month if your lifetime value is $1000 and CAC is only $10 but you've got no money. That's what people want to fund. VC funding is gasoline you pour on a fire (or fuel for you rocket if you're being charitable) - it makes you go faster; a pitch that focuses on "slightly lower monthly op costs" is not attractive. | ||