Local employees, spend money on marketing. As a rule, sales and business developers do not get sales in the first 3-6 months, marketing channels do not work.
They have to be fired, paid compensation. You yourself cannot focus 100% on the company, because you have to adapt personally. As a result, another year, money is spent, and only an understanding of where and how to move has come. Everything starts again: searching for an investor, another 15-20% of the company to implement the understanding of where to run.
Result: 2 years lost, 30-40% of the company given to investors kuwait mobile phone numbers database . In our case, in 3.5 months of the program, the company achieves the result that other projects achieve by the end of the second year of stay in the USA. Minimal money spent (our 20 thousand for accommodation). All this for 7%. And the company clearly understands where and on what to spend the funds, which they, based on the practice of our first graduation, are practically guaranteed to receive.
Our third most popular question is: "Why should I come to you and not to Y Combinator?" Go to Y Combinator, to Tech Stars, I only welcome it. But the truth is that I personally don't know of any examples where a team applied there from Moscow, Minsk and got in.
Yes, there are quite a few companies with Russian-speaking founders, but in all cases they have experience of living in the US or American co-founders behind them. The same applies to stories about attempts to raise money in the Valley. You can count on the fingers of one hand the companies that raised money from Americans in their first year in the US. I repeat, you need to be adapted to the US to get results from communicating there or have partners who, in the eyes of Americans, reduce the risks of a project with founders from Eastern Europe.
The most realistic option is to get into one of the specialized accelerators that focus on a narrow area. For example, our team from GeoCV took this path.
So my advice: carefully study investors, accelerators, analyze who they take, what they invest in. Look at their portfolios.
You come to the US, set up an office, hire sales and other
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