How to Raise Venture Capital for Your Startup, From Pre-Seed to Series A

Every year I teach classrooms full of students about business. These students end up leaving my classes understanding the basics of how to search for product/market fit — and thinking their next goal is to “get funded.”

That’s a mistake many new founders make because there are only two reasons to seek out funding:

1. You have a killer idea that is only partially validated, that you think can get to $50 million+ of revenue in five years with 80%+ gross margins (if margins are lower, you need a lot more revenue), and you need money to get to product/market fit…