Co-founder refuses to do an MVP, and no development until there’s funding to pay to outsource it. A few investors were interested but turned it down due to no product, users or revenue. She says hype around the business model is enough, along with entering plenty of startup competitions. Once built she says it will be a hit.
Is this really the “new Valley normal” like she says?
It’s been 16 months and I’m out of patience.