"The time to raise money is not when you need it, or when you reach some artificial deadline like a Demo Day. It's when you can convince investors, and not befo

"The time to raise money is not when you need it, or when you reach some artificial deadline like a Demo Day. It's when you can convince investors, and not before." Been waiting for someone to articulate this for a while now. Pitch people an idea a few thousand times and you get pretty good at reading if people buy it. Getting close to the "convince" threshold for investors and when we do reach it, watch out!