AlmostARockstar

Why didn't you just use some online payment sys....never mind.

Thanks for doing this. I have 3 questions.

1. With tech products, it is easy to set up an MVP and get a simple version of a product online and working with minimal funding, however, to make the jump from MVP to functioning startup, funding is often necessary. How often do you see teams working on a project part-time, ready to jump if the funding comes?

2. Do you think this is a bad approach? For instance, should founders be totally committed (time wise) before thinking about sourcing investment? I'm totally committed to the product but I need to keep paying my bills with my day job.

3. This is the wrong place to do this, but since we're here and you'll likely see this, I'll be bold - how do you feel about tkt.ninja?

Some discussion on this topic on Quora: https://www.quora.com/How-do-for-profit-Incubators-make-money

Surely the business making money (or having the ability to make a profit at some point) is a prerequisite to investment.

Thanks for your reply.

I couldn't imagine a founder accepting investment and then continuing part-time.

Re: 3. That is awesome. I suppose that means we fit within your area of interest. I'll pursue an application.