Why do most startups fail?
Even experienced operators fail – 50% of the time.
Most VCs favor the founder over an attractive opportunity.
However, if the company falls short investors are inclined to cite the inadequacies of its founders – their lack of grit, industry acumen, or leadership ability and so on.
This is not always the case.
Failed to raise capital
No product market fit
Flawed business model
Scaling is VERY hard.
Growth capital is increasingly difficult to raise.
And if you are outside Silicon Valley, fewer than 25% of companies that raise their Seed and Series A make it to the growth round.
It’s not too late for you.
If you are on a mission to solve a problem and you have already proven your MVP in your market, want to catapult you — giving you access to the funds, our resources, our global network, and celebrity branding, to impact more people in less time.
DragonX Capital has proven strategies, frameworks and community to remove preventable roadblocks. Consequently, we understand it’s your business and it’s up to you to take complete ownership and action to form the foundations to succeed.
Our simple, repeatable methodology radically propels your business forward.
DragonX Capital invests in high growth start-ups, who have a minimum viable product (MVP) who have already gained some traction.
Before $5K MRR is usually a bit early, and if you’re over $100K in MRR, it is usually a bit late.
If you meet the criteria above the next step is to uncover your specific characteristics or “X-factors.”
The key qualities of a successful entrepreneur
To qualify, you must meet the following criteria:
|You are operating in "SaaS", A.I, Fintech, EdTech, and marketplace categories
|You have a minimum MVP with some users
|Your churn outlook is low and user base is starting to grow organically
|You have a deep knowledge and passion for your industry
|You value mentorship