How Startup Fundraising Works | Startup School

YC Group Partner Brad Flora has seen startup fundraising from every angle: as a founder, as one of the most prolific angel investors in Silicon Valley, and now as a YC Group Partner. Brad has coached hundreds of companies on fundraising. In this talk, he shares stories and advice on how modern startup fundraising works.

Paul Graham Fundraising Essays:
http://www.paulgraham.com/fundraising.html
http://www.paulgraham.com/startupfunding.html
http://www.paulgraham.com/convince.html
http://www.paulgraham.com/herd.html

Geoff Ralston's Fundraising Guides:
https://www.ycombinator.com/li....brary/4A-a-guide-to-
https://www.youtube.com/watch?v=gcevHkNGrWQ&ab_channel=YCombinator

YC Fundraising Resources:
https://www.ycombinator.com/li....brary/2u-how-to-buil
https://www.ycombinator.com/li....brary/6q-how-to-pitc
https://www.ycombinator.com/li....brary/71-how-to-get-
https://www.ycombinator.com/li....brary/4O-raising-mon
https://www.ycombinator.com/li....brary/3u-different-t

Apply to Y Combinator: https://yc.link/SUS-apply
Work at a startup: https://yc.link/SUS-jobs

Chapters (Powered by https://bit.ly/chapterme-yc) -
00:00 - Intro
00:27 - Fundraising resources
02:13 - 7 fundraising myths
04:06 - Raising money is glamorous
06:51 - The need to raise money before starting a startup
10:10 - My startup need to be impressive to raise money
13:56 - Raising money is complicated, slow, and expensive.
18:04 - I am going to lose control of my company
21:58 - I need a fancy network to raise money
23:43 - If investors reject my startup its a bad startup
26:35 - Wrap up - This isn't for you