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Pocket Sunshine 🔆's avatar

Nice insight! Seed strapping in a way, is going back the fundamentals of why and how we raise funds

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Srini arunajatesan's avatar

Why is this new and why is this not self-evident? Havent people done this for eons? The street corner pizza shop is started in this manner where a small investment by the family, followed by a ton of blood, sweat and tears is used to build a fiscally responsible company. Same with numerous businesses where developing a product on the backs of a service offering to bring in revenue following a small startup investment is very common. I fail to understand why this is being shopped as a "new model" while this has been going on for a very long time all over the world.

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