Startup idea failed - what’s next?

michalrogowski

Michal Rogowski

Posted on November 16, 2019

Startup idea failed - what’s next?

1 year ago I’ve started working on a startup idea. I’ve created a pitch deck with market research and an MVP app to prove it works.

I thought the idea was good so I tried to find a founding. I had really advanced talks with one investor, we were really close to sign a contract, but then Google I/O happened. Investor got scared because he thought that they may be working on similar thing and may be our competitors. I do not agree with him but somehow it got me really bumped down, and I didn’t have energy to start looking for investor once again. So it was on my hard drive for last 6 months getting dusted.

Now I see two ways how I can proceed:

  1. Open source the project
  2. Try to find an investor

Personally I’m more convinced to make it open source but maybe you have any other ideas? What are your thoughts on this? Maybe you were in similar situation?

Thanks!

P.S. Sorry for not writing for last 2 weeks I had last minute trip to Los Angeles 🏀. I will try to write articles regularly again :)

💖 💪 🙅 🚩
michalrogowski
Michal Rogowski

Posted on November 16, 2019

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Startup idea failed - what’s next?
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November 16, 2019