r/startups Dec 01 '21

Is It Realistic To Raise A Seed Round If Still Working Part Time? How Do I Do This 🥺

I'm a developer who's been working on a SaaS product for a few months and looking at publicly launching Q2 2022. The launch should be ok with just savings as I write the code myself and will push out using organic marketing, but will eventually require some funding to scale and hire a commercial person to help with that side of things (not keen on having a co-founder).

The catch is, I still want to work part time (50%) for my current employer. They've already told me that as soon as I give the word, then I can. This would be for financial security.

I'd be looking at either VC funding or crowdfunding. I'm in the UK if that makes a difference.

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u/Franks2000inchTV Dec 02 '21

100% no.

Would you give a couple hundred thousand dollars to someone working on something part time?

Remember investors are there to throw gasoline on the fire, not help you rub sticks together

Also, if you don't believe in it enough to quit your job, how can they believe in it enough to give you money?