Investors are vital for startups for several reasons:
Capital: Startups often need significant funds to develop their products, conduct market research, and scale operations. Investors provide the financial support necessary to cover these costs. Expertise: Beyond money, many investors offer valuable mentorship and industry expertise, helping entrepreneurs navigate challenges and make informed decisions. Network: Investors often have extensive networks that can open doors to new partnerships, customers, and other resources essential for growth. Credibility: Securing investment from reputable investors can add significant credibility to a startup, making it easier to attract additional funding and talent.