Paintbrush - $50k funding at the idea stage - yes, really

by
That chicken-and-egg problem of not being able to get funding until you have a business, but not being able to build a business until you have funding? Solved. Get your funding at the idea stage, so you have the time and money to build.

Add a comment

Replies

Best
Love it. Everyone needs money. Everyone has ideas. I'll sign up now. Will report back when I get 50K. Wish me luck 🤪
haha you might have hit the window when our form was done due to too much traffic from PH, but we're back up now if you want to try now!
I love that Paintbrush helps founders avoid the worst new venture trap: a cluttered cap table. I've seen so many founders invite too many, or the wrong kind, of people onto their cap table in order to get their idea off the ground. Invariably, these cap tables have to be cleaned up in order to make future growth possible. Most founders don't know this at the outset, but getting someone off a cap table is major surgery for a business. It usually distracts the management team at critical moments and can even be fatal to the company. Paintbrush seems to offer a better way. Get enough cash to prove out a concept without having to give away a big chunk of your cap table to an aggressive "angel" investor. Avoid disastrous code-for-equity arrangements. I hope this becomes an important part of the venture finance ecosystem.
Yes! Not only this, but so many get into predatory relationships with bad angel investors who take way too large of a percent of the company early on, because that's the only option available to them, and then they shoot themselves in the foot when they try to raise equity through more traditional funds later on, and they end up giving away all their ownership in the company.
Congrats on the launch! Looking forward to using it
hi Akriti, could you also please support us here too () Would really appreciate it Thanks!
Turns out PH temporarily smothered our site, but our form is back up now if you want to get started on your journey!
Do you operate as a LaaS?
Hey Stan, thanks for checking us out! We do not—we service our own loans and have software to do so, but we do not offer tools for others to be able to use. Good luck on whatever you're building, though!
Interesting.
Thanks, excited to see it come to life.
Great launch 🚀! I love the idea.
Thanks!
Cool product! Upvote for your great work.
Thank you!
LFG Paintbrush
Thanks Wes!
Great tool for young companies, I'm excited to see what comes next!
Thanks ! So are we! Still lots more planned. :)
Congratulations on the launch🎉💯💯
Thank you!