wedtm

I have an idea that I am confident would be popular enough to warrant exploring it further.

This project would require some development capital (20-30k is sufficient) for the term of project.

As this is the first project I've ever even thought of looking for outside funding for, I'm stuck at a point where I'm not sure what to do next!

YC is unfortunately out for me, as I'm unable to move.

What are some places/people to look at for potential funding?

What are the downfalls that I may encounter?

What are your experiences with attempting seed funding?

I initially started work with another person on a SaaS hosting company. This person moved to my town to work with me for 4 months, before leaving out of the country.

When they left out of the country, they hadn't contributed anything to the production version of our site, except a minimal site design, which was completed in the first month.

There was minor things checked into Github, but nothing that would represent a 50% share of the company that we had set out to build.

My question is when? When do you give up on them? When do you cut your losses, and walk away from something you believed in?