Economy - Ali Tıknazoğlu

If you want funding from a VC, there’s a list of “requirements” you’re expected to handle upfront. You’ll need to spend at least $10K to set up a token entity, hire a legal advisor to draft a SAFT and if you don’t have the right connections, you’ll start cold-emailing VCs - most of whom won’t even respond. And if they do, 99% of the time, they’ll say: “You’re too early. Let’s see some traction.”. In short: VCs expect you to claw your way up on your own and once you’ve proven yourself, then th...