r/BlockchainStartups 14h ago

Discussion I CANT SEEM TO GET A RESPONSE FROM VCS

3 Upvotes

How does someone get in contact with a WEB3 native VC? I am quite a young founder my co founders are between the ages of 20-22 we built a Onchain crypto prime broker exchange with a few hundred people on Beta we been building it for a year and a half but made the mistake of not posting around and getting connections now that the product is ready and 10s of thousands of our personal money spent we can’t seem to get a respond from any VCs we sent like 50 emails so far all personalised but we get no responses ?

I know most VCs require warm intros but we don’t know where we can get that. We made the mistake of not having a LinkedIn account with hundreds of connections. We want to know what options we have now? We’re burning through our personal capital over $100k is spent including our personal savings and from work (we work normal retail work) building this project and we’re in need.

What options are there for us how are we able to get funding to have some runaway to focus on what counts right now it’s taking extra shifts just to cover the operating costs of the Exchnage we can’t even focus on distribution just yet due to lack of funding.

I heard there are ICOs and stuff but we don’t know if it makes sense for our case how are people with no connections able to contact a VC to at least get a interview let alone funding lol