> True early stage investors focus on technology, team, demos, prototypes, and so on. Probably team more than anything else. I don't think that's true anymore,

> True early stage investors focus on technology, team, demos, prototypes, and so on. Probably team more than anything else. I don't think that's true anymore, if you want to get the best valuation/terms for your company you can't go into a meeting with a potential seed/early stage investor without showing some kind of traction. The bar has been set higher for startups, that is why there is this downward movement in the VC food chain to focus on early stage deals, they are seeing companies with traction and revenue, so they want in earlier before it's too late. Sure you might be able to raise money just based off of technology, team, demos, prototypes, and so on, but as Jason Calacanis puts it, it's just table stakes: http://calacanis.com/2015/11/02/dont-bring-a-knife-to-a-gun-fight/ http://calacanis.com/2015/11/02/dont-bring-a-knife-to-a-gun-...