If you have raised 500k, and have been working for a year and have not shown any traction, you are going to get punished if you try for a series A. You'll do be

If you have raised 500k, and have been working for a year and have not shown any traction, you are going to get punished if you try for a series A. You'll do better going back to your angels -- but the current crop of angels may react differently than you expect/hope. That's my overall point.