Executive brief
Funding paths for founders
Seven ways to pay for early software work, compared by what each asks of the company: customers, awards, loans, shares, convertible instruments and crowds.
Executive brief
From finding customers by effort to finding them by a method
Most founders can find their first ten customers by asking around. The next ninety ask for something different: a method that does not depend on who the founders happen to know. This brief looks at what has to change as a software company moves from favors to a process.
It reads public sources on market research, on the email rules of the United States, Canada and the United Kingdom, on how customer quotes and reviews may be used, and on how a payment provider models a subscription. It separates what those sources report from analysis of how a young company might use them, and it offers no target number of calls, conversion rate or timeline.
The brief closes with questions to ask before scaling a channel and a plain list of what it cannot tell you, including which channel suits your buyer.
It is general information for founders. It is not legal, tax or investment advice.
The chapters in reading order, and one public figure that frames the question the brief answers.
These figures describe the wider market, not WE's results.
The sections of the full brief, in order. WE sends the full text by email to the address you give.
This brief gives considerations for founders. It is not legal, tax or investment advice.
Tell WE where the company stands. WE replies to arrange a conversation and a written read of your company's timeline.
A short PDF of the charts and sources, sent by email to the address you give.
Talk to WE : A question that does not fit a form.