We had Alex Norman, partner at N49P Ventures, do a Q&A for our cohort at Antler today and address our questions on finding product market fit, what traits distinguish great founders, and how to land investors. It was super insightful! These were my key takeaways: 🔸 Early founders often make the mistake of looking at each venture firm as if they are all one and the same, but that is not the case (you should look at the size of the fund, their portfolio companies, what they typically invest in, etc.) 🔸 If everyone wants to finance you, there’s probably too much competition; find angels or VCs excited about the particular space you're building in 🔸A sure sign of finding PMF is when customers want to literally rip it out of your hands (gave an example of a portfolio company which had 3000 enterprise waitlist sign-ups) 🔸 Sometimes it can be an advantage to not be a domain expert, as it could lead to more unique insights (it's easier to go against the grain of the conventional thinking in the industry) Thanks for taking the time to talk to us today Alex Norman! 😀 ----------- #startups I'm currently part of the 5th cohort at Antler Canada, and I'm sharing my learnings as a first-time founder as I go along this journey 🚗
That sounds like an amazing experience. Learning and growing as a founder is key.
Sounds like an insightful session with Alex Norman, packed with great tips on navigating venture capital and spotting true product-market fit—thanks for sharing! 😃
Helping Founders Validate Their SaaS Ideas & Ship Products Faster | Growth & Product-led Software Engineer
8mogreat insights from antler canada! any tips for balancing work-life when navigating a startup?