Not at all, because you have to justify the financial upside of your venture and then the investors decide if the return they expect fits within the parameters they have already agreed on for managing their portfolio.
It is more akin to applying for a grant or residency as an artist or for research funding as a scientist. You still have to argue why there is some upside to the work you intend to undertake, but the upside may not be in the form of profit for the investor.
It is more akin to applying for a grant or residency as an artist or for research funding as a scientist. You still have to argue why there is some upside to the work you intend to undertake, but the upside may not be in the form of profit for the investor.