Trend of our startups

I read several blogs about startups, reasoning, interviews and realized that Russian projects would hardly ever compete with foreign ones for one simple reason. In the west, people create a company to solve some kind of problem, to make some kind of innovation, and in Russia start-ups (the word is awful :) they make projects to find venture investment :)

I think that to be a good and profitable project, you must first do it for your money only, set it up so that it can beat off this money and start making profit, increase profit as much as possible, and only then write to it a “standard” business. plan and show it to potential investors.

Yes, by the way, appeal to startups all. I have already studied many foreign articles and stories on this topic and I can say one thing for sure. Venture investors (or capitalists) invest money ONLY in a successful project that is already working and generating income, because they invest from one million to several hundred million at once. And in start-ups at the initial levels, only angels invest, and they need to be tried to find, get acquainted with the project and make them believe in their idea.