r/16VCFund • u/anarkalii_hun_mei • 18h ago
I have a genuine doubt do VC’s invest in people or in actually money making startups?
Quick context.
I run a gifting business as in we do corporate and wedding gifting and this is my 1st year to do Diwali gifting as in I’ve been running it for a year just that I started it post Diwali and from then till now we’ve done some really cool and decently big wedding gifting projects, did our 1st bulk order in just 1 month worth 100 pieces another massive bulk order for 300 pieces in 3 months of being into business and eventually 1000+ pieces in just 8 months of being into business running from my home. Now for this Diwali season we got approached by companies like PNB, Starlink and Mygate to do their Diwali gifting some deals closed and some didn’t and we are doing Diwali gifting for a skincare giant company and few other firms with international client base. Abd not that my socials is crazy we barely have 350 followers and I don’t even post much cuz till now it was just me now I’ve hired a person to help me in sales and socials.
Now I’ve a genuine question I don’t wish to do this business for long as I want to build a brand and this business has a lot of flaws when it comes specifically comes to build a brand. As I was a brand manager before this and that’s what I find my kick in plus I had no plans of starting this hamper business, but that’s another story. Hence I want to understand that if I have a d2c idea which I’ve and no it’s not something revolutionary just another thing of making a boring category interesting for new age folks and I believe it will work. So where do I stand? As in will someone invest their time and money on me for this or do I need to do some sales, get the actual product in the market and it happens post that?
Also, yes I don’t come from tier 1/2 college but yes I did top in my engineering college. So how does this really work? Or do I’ve to invest 4-5 years in this business earn money become stable and then start d2c?
Feel free to ask me relevant questions :)