[tnolet]

This post is all true. One caveat (which is mentioned in the post): this person has multiple VC’s in his network and knows multiple founders who have raised on nothing but a deck.

Many, many, many future founders are not as lucky.

So, I guess rule -1 is: get to know VC’s, Angels and other previously funded founders.

[haasted]

Yeah, reading the sentence "Before starting the fundraising process, my first stop was to call up some VC friends of mine and ask them how to get things going" made me roll my eyes.

Rest of the article is interesting, though.

[sirspacey]

Why?

Making friends with VCs before soliciting them for money is a smart move.

[Centigonal]

yes, but Matt Welsh has yet to write the Everything I Wish I Had Known About Making Friends with VCs companion article.

[pas]

Oh yeah, that Figma post all again. 0 to 5M in 3 months, and "how much prep do I need" ... ahaha.

Less "lucky" teams (eg. the other 99.9%) spend more time and end up with not even a million Schrute bucks.

Of course there's also a 0.00..1% that is really lucky, finds something at the right time, with the right framing/context.

All true, but somehow still very different.