Financial Literacy for Startups (Thread)

Hey Everyone,

Happy New Year, a lot of first time founders are entering this year looking to fundraise in some capacity. This can be super tough for first time founders who have no experience so I wanted ask you all from different backgrounds who have gone through the process.

What type of preparation and work happens in between creating a pitch deck and receiving a signed check from an Angel or VC.

QUESTIONS TO GET THE JUICES FLOWING:

1. How can a founder prepare themselves?
2. Where can founders learn how to prepare themselves?
3. Where do founders find right Angels and VC's?
4. What should founders absolutely have before approaching an Angel or VC?

Imagine you are talking to someone who knows only about these 3 mile stones but nothing that goes into making it a reality:

-Build a list of investors
-Create a pitch deck for awesome product
-Get a check