Pre-seed investors want traction, revenue, retention AND unit economics. We had them. Still couldn't raise. Is it because we're a "boring" consumer brand in a tier 2 city?
r/StartUpIndia
Context: A self-funded mobile car detailing startup in Mysore says it did ₹1.7L in its first 50 days and lost half its leads to capacity, but could not raise pre-seed.
From r/StartUpIndia: Building a mobile car detailing startup in Mysore. 4 founders, all self-funded. In our first 50 days we did ₹1.7L in revenue, and we still lost over half our leads because we didn't have the capacity to serve them. After month 1 we reached out to pre-seed funds.
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A market tracker's read of 792 Amazon India audio listings claims Indian D2C brands sell 39.8% of units but take 21.8% of revenue; the figures are the poster's.
Pre-seed investors want traction, revenue, retention AND unit economics. We had them. Still couldn't raise. Is it because we're a "boring" consumer brand in a tier 2 city? · Keeping Up with Silicon Valley