How do I respond to investors when my startup team (including myself) has almost no experience?

Then you need to do two things:

1. Provide them wrong. Get 10, 100 customers, whatever it takes. You don’t deserve the benefits of the doubt. You haven’t earned it yet.

and

2. Be flexible on price. Investors will see it as a flag if you haven’t gotten too far >and< push them on price. It’s easier to just pass then.

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