COVID-19 is the worst time to find an investor to implement new ideas. If you do not yet have a prototype, a tested hypotheses and some initial revenue, you’ll find yourself at the stage where it’s just individuals and novice business angels in the mix, and most of them will be having difficulty with their own current businesses. Therefore, they will be reluctant to invest. However, they could become partners in your new business, since their old ones will be comatose for a period of time. A large number of owners of offline companies will seek new ideas and niches that are more consistent with current realities. They will count on a larger share than an ordinary investor, as well as on greater involvement and participation in operations, which will make them more likely partners.
by Andrey Sergeenkov
