here is the story:
I started working on my startup last january.
it's an ecommerce chatbot for selling on facebook, backed by crm/platform for managing orders and customers.<p>we are targeting the middle east.<p>As a single founder, launched in a private beta last march, and in 9 months I got 300+ sellers signed up with over 35000+ orders/mo.<p>I did all of this progress alone, with barely $600 all I put for my startup.
And I am running out of cash. I am working full time on this.<p>I can't find any investor to fund me.
I got rejected at every program I tried.
I got rejected for this startup at ycombinator twice.<p>I am running out of cash, and can't go on with the harsh and aggressive competition, as I have no money to spend on marketing!<p>I wonder if you suggest to just shutdown and get back to a regular job?
With numbers mentioned, is it considered a bad progress?<p>I am really tired and lost hope in getting funded.
Since you said you aren't currently charging anything for it, I would say you should wait to see if the market will validate it before shutting down. I.e, see if you can raise the price to something > $0 before calling it quits.
Focus on positive things.<p>Whats the current income ?<p>Why do you think you need to be funded ?<p>300+ active sellers sounds like great achievement!<p>Kudos
Where are you incorporated? How much cash are you looking for? How long a runway would that give you?<p>Are you charging for the product yet? If not, why not? Free is easy! But if people are using it they may well be willing to pay for it.<p>Would it work to continue to work on it while having a normal job?<p>Sounds like it may be too early to give up by you have to figure out what level you need to reach to be profitable and how much $ you need to get there.