| ||Ask HN: How much sells/traffic you need to attract investors?|
8 points by kuasha 1495 days ago | hide | past | web | 4 comments | favorite |
|Not sure this is the right forum. I'll remove if the question is out of place.|
Our startup we are trying to found has about 10K unique visitors per month and average 500 unit sells. According to our estimate we need 30% more sells to breakeven (founders do not take salary yet - only employees get money and that fixed cost can not be eliminated). We tried to do a lot of tricks (blogs, seo etc.) that do not cost money. But that 30% seems very hard. It is becoming hard to manage the money we are losing every month - we never tried for outside funding to keep things simple. We never thought we would need that. But not a single thing worked out as we planned when we started :(.
Now, we have decided we need a little funding to get to the point when we wont need outside money to survive. We are actually looking very small amount to cover the 30% for a year or a little more than that.
Whom and how should we approach? Or should we try to manage the money ourselves by some other means (consulting?)?
I'll not post details about the business since I do not want some other people who track us and try to guess our every step may identify us and our situation.
Thank you for any suggestion.
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