Everyone read this.
Especially VCs.
The most succinct thread on fundraising I’ve ever seen.
1/ Let's talk about fundraising: In 2009, Y Combinator only gave us $15K, half our YC batch died after demo day, 11 firms told us no, 2 firms wanted to find us a CEO, 1 VC told me, point blank, we would fail, we were a week away from death but luckily raised $500K @ 2M pre.