1. tell people about your concept and ask for money.
2. if people give you money start work.
3. you will pivot 20+ times anyway
Wouldn't that be basically like sell a dream and then figure out a product/service that may make money.
Not much different to how YC like Accelerators/Incubators invest in "teams"..
Shouldn't conmen begin to flock towards such "investors" or are they already?
If someone asks me for an ecommerce site, I'm fairly certain I can deliver it, my client has seen dozens of ecommerce sites so they are pretty certain I can deliver it.
Payment upfront is just a formality at this point.
1. tell people about your concept and ask for money.
2. if people give you money start work.
3. you will pivot 20+ times anyway
Wouldn't that be basically like sell a dream and then figure out a product/service that may make money.
Not much different to how YC like Accelerators/Incubators invest in "teams"..
Shouldn't conmen begin to flock towards such "investors" or are they already?