One of PG's blogs talk about being fundable. For a founder, there is always a transition from being a builder to being an entrepreneur (business owner) where yo

One of PG's blogs talk about being fundable. For a founder, there is always a transition from being a builder to being an entrepreneur (business owner) where you must be able to access whether you are fundable and know what you need to do to get capital. I think it's the same thing with YC. There is an investor who says they like it as early as possible, but fundamentally you know if you are investible. It's sensible to only do fundraising activity when you have some confidence you are fundable.