Question
I have developed a consumer messenger app which is now at a functional MVP stage but minimal work needs to be done in terms of UI and UX to launch it commercially.
I developed the app using a freelancer.
I paid him in full for the development but he never completed it according to the spec and budget I had available. He then just disappeared, leaving me with the source codes.
I have now depleted all my own funds.
I now need an investor to assist with funding to complete development and launch.
Answer
An investor will put money into a business that they think will give them a profitable return. To convince then you will need to explain why or prove that people with use your app in large enough numbers to make it investment worthy.
Who are your target users?
Why will they use use your app over the alternatives?
Have you tested the MVP or at least the concept with users and what were the results?
These are the preliminary questions I would ask as an investor in deciding whether to continue the conversation.
Good luck with your venture!
