How much do we need to start off? Is 1M PLN round, covering the seed stage of a startup enough in Poland? Let’s try to find out looking at a very specific example, thanks to my todays guest – Przemysław Siemaszko.
Building a software startup? 1M PLN round should be enough.
Long story short this kind of money should be enough at least to prove something. Looking at GGPredict and their automated CS:GO coach I feel that they’re really onto something.
That’s not only because the Counter-Strike niche is super obvious and gather a lot of gamers around it, but mainly because they tackle a rapid covid-proof market.
Year 2020 become the year of interesting shifts and pivots, that’s including gaming and e-sports. The move is massive according to my guest and it’s just the beginning as this becomes as big as, NBA, NFL or the Champions League!
What’s in the episode?
- Is 1M PLN round enough for the seed stage?
- How to build a covid-proof startup?
- Know the market you’re in.
- Focus on one, specific market
- Why e-sports is a huge land grab
- Biz-dev vs ads
PS: As always, if you fancy some more interesting thoughts on running a startup go here: LIST OF MY INTERVIEWS
Yet to come.
Images from www.pixabay.com | Music promoted by https://www.free-stock-music.com, PV_Emotional by PeriTune, http://peritune.com, Attribution 4.0 International (CC BY 4.0) https://creativecommons.org/licenses/by/4.0