YC alum, build AI creativity engine｜AliveAI.co, new format of interactive entertainment｜WandAI.app, one-stop AI creativity engine for non-technical creatives
PMF is not just about a demo. Founders, especially those who are product-focused, and even more so in today's era where AI is accelerating creativity and execution tenfold, should shift their obsession from burning money and raising funds based on a demo to an obsession with the product and its users. If you must raise funds, ensure you and your investors agree not to pressure you into focusing on the next round until you’ve reached at least $100K MRR. Therefore, for 99% of AI companies, there may be no need for Series A, B, or even D, E, F rounds. This highlights the importance of early-stage accelerators, and YC is definitely the best. The position defines the mindset—most investors, once they invest in you, want you to quickly present impressive stats and tell an even more impressive story to secure the next round, and the round after that. This will completely shift your focus from product and users to a game of fundraising.
