Concern: is 650k after 75 investors inefficient?
Concern: is 650k after 75 investors inefficient?
Though seriously, there are no overnight successes and no-one is just going to give you $1m regardless of what we read on HN.
I don't have my notebook at hand to cite the exact number, but Matthew Prince of Cloudflare pitched to something like 60 or 70 investors. This was with Project Honeypot in the bag, and a stack of existing users via that, and the basis for what became Cloudflare tested.
My point is: Even with the idea and execution you're not just going to get the investment.
I think the real thing that Aihui achieved in a short time was to demonstrate determination, perseverance... and in the words of Mark Suster ( http://www.bothsidesofthetable.com/2010/11/15/invest-in-line... ) showed that her company (led by her) is a line going up and to the right, rather than a dot. It was most likely the weekly check-ins and constant hard grind at the communication that helped her get the investment.
And he wasn't exactly a nobody at the time either.