As being a part of the Y Combinator’s Startup School Advisor Track, we were obligated to provide a weekly progress update on tracking a pre-defined metric (Revenue in USD, active users, weeks til launch, other) that is relevant to our development as a company in order to be eligible for winning one of the 100 equity-free grants given by the YC at the end of the course. Because Berger Neurorobotics’ team is highly motivated and goal achieving, we took on that challenge heartedly and decided to do our best in order to meet the necessary criteria and qualify among the top ones that may win this recognition award. The goal of this post is to provide an additional material explaining and visualizing[…]

Every good thing sooner or later comes to an end. That being said, we’re entering the fifth and final learning session of the Startup School (SUS) program organized and managed by the Y Combinator. Although final, a lot had happened during the ninth week of the course. Great discussions took place and a huge amount of turmoil occurred as well due to the interview invitations YC send out to some of the SUS participants. Nevertheless, we continued learning and developing ourselves in order to manage to achieve our final goal – raise a pre-seed round of investment and realize a product that people love. Learning Session #5:  Week #9: The Path to $100B + After PMF: People, Customers, Sales + How[…]

After the educational whirlwind that we passed through in weeks #5 and #6, we’re now headed into the fourth learning session of the YC’s Startup School online massive course. Fundraising is a topic that is very close to us at the moment. Not only that we’re actively talking with both angel investors and venture capital funds but we’re also trying to learn the nuts and bolts of establishing a proper strategic relationship with investors. It turns out that – based on our experience so far – talking with investors is more art than science. Meaning that there’s nothing complicated to learn how a founder should introduce himself, his company, his product, and his vision. This is not a rocket science and[…]