Saturday, October 29, 2022

Ask HN: Learning about fundraising as first-time tech founders

After working in the Generative AI space as consultant/freelance for a few years, a friend and I have decided to create a company around it.

There seems to be increasing VC interest in the field and we are getting contacted by multiple investors (we do realize this doesn't mean they want to immediately cut us a cheque).

We have deep technical expertise but limited fundraising knowledge.

What are the best resources to learn the fundamentals? eg:

- How much should we aim to raise and at what valuation?

- How to show financial projections in a field that evolves at such a breakneck speed?

- Should we prioritize local (Europe, Switzerland) investors or North-American ones?



from Hacker News https://ift.tt/BvTe2O1

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