Startup founder that has no seed (venture capital) money yet, e.g. they haven’t gone through a funding round yet. They’re funding the startup with their own money to start off.
Sometimes it’s their own money saved up from a successful career (less likely), sometimes it’s parents money (more likely), sometimes it’s an actual business loan.
In her case it seems like one of the first two because she went to a very expensive university and has had pretty decent jobs in the tech industry since then.
Much as I hate AI being put into everything just to get funding (and I have no idea if it was thrown in there as a buzzword or if she actually believes AI can improve things), it seems she’s trying to get more people into lifting weights via the product they’re making, so that’s cool at least. Should keep half an eye on it just for fun.
Startup founder that has no seed (venture capital) money yet, e.g. they haven’t gone through a funding round yet. They’re funding the startup with their own money to start off.
“Their own money” being small business loans often from the Bank of Mom and Pop more realistically.
Depends, but definitely highly possible.
Sometimes it’s their own money saved up from a successful career (less likely), sometimes it’s parents money (more likely), sometimes it’s an actual business loan.
In her case it seems like one of the first two because she went to a very expensive university and has had pretty decent jobs in the tech industry since then.
Much as I hate AI being put into everything just to get funding (and I have no idea if it was thrown in there as a buzzword or if she actually believes AI can improve things), it seems she’s trying to get more people into lifting weights via the product they’re making, so that’s cool at least. Should keep half an eye on it just for fun.