To be or not to be, that is the capital.
Luca Petrucci
0 replies
We are actively seeking funds and for this reason we have devised a program to contact all business angels, incubators, accelerators and venture capitalists.
Our plan envisages contacting Italian investors first, for geographical reasons, and then moving on to foreign realities.
We need the funds for two reasons:
- Establish the legal personality of the startup
- Have the necessary funds to complete the development and build the team
We realized that, in Italy, all the interlocutors asked us first for the constitution and only then would they evaluate a potential investment.
In most cases, we have been presented with paid incubation and accelerator programs.
But the paradox is evident. We have no capital and whoever owns it asks us to buy its services, establish ourselves and ultimately evaluate a potential investment.
I have the following questions for the community:
- Do you agree with the logic being adopted by these investors?
- Do foreign (non-Italian) investors adopt the same practice?
- Is there the possibility of finding funds and setting up the startup at the same time?
- Do you know any funds, incubators or accelerators that we can interface with?
- What would you do in our shoes?
🤔
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