📢 One venture investor is talking to a young startup founder.
Investor: "So, tell me about your idea. How much money do you need?"
Startup founder: "We need 5 million dollars to launch a revolutionary platform that will change the world!"
Investor: "Interesting. What is your business plan?"
Startup founder: "Business plan? Well, we'll launch first, and then see how the market reacts. Flexibility is everything for us!"
Investor (stroking his chin): "I see. And what if the market reacts differently than you expect?"
Startup founder: "No problem! We'll pivot quickly, change the model, find a new niche!"
Investor: "And what if it still doesn't work out?"
Startup founder: "Then we'll just attract a new round of investments and try again, but taking our mistakes into account!"
Investor (sighs heavily): "You know, I think you have the perfect business plan... for a venture investor."
Startup founder: "What do you mean?"
Investor: "The more you pivot and make mistakes, the more money you ask from me!"