If your product is not boot strappi like you want to build a car company, well, you might need to start with a business before building a car company. Don't waste your time on net working until you have a great mvp, minimum viable product of prototype. And don't try to get the meeting with all the partners until you have a couple of customers. These meetings will take up your time. Trying to get them will burn all your time,. You could have put that into boot strapping and actually building the mVP of your product. If you can build a gray product, build a great team or get customers, any combination of those, you will go from being
In a Founder University segment, Jason compares running a bootstrapped vs. venture-backed company (1:17), discusses 'pegasus' companies (11:09), advises what types of businesses should take VC (23:59), and explains what motivates VCs (33:27). Then Zach Coelius joins to take some listener questions (38:48).