Topic · 5 threads

Investor Research

Not all money is equal. These threads give founders concrete tools for reverse diligence: the questions to ask a VC before taking their check, the fund mechanics that shape investor behavior, and rubrics for scoring prospective partners.

Fundraising for First-Time Founders: A First-Principles Guide ($70M Raised from 1,500 Investors)

A first-principles walkthrough of how early fundraising actually works, synthesized from Biyani's experience raising roughly $70M from about 1,500 investors across three companies. Covers how to think about investor incentives, sequencing, and running a process.

Fundraising StrategyRaise ReadinessPre-Seed Read the breakdown

12 Questions Founders Should Ask VCs Before Taking Their Money

A Founder Collective GP flips the diligence table: twelve specific questions founders should ask potential investors (fund size, reserves, decision process, references) instead of only optimizing for getting to yes.

Investor ResearchInvestor MeetingsSeed Read the breakdown

How to Raise a Seed Round: One Complete Process

A step-by-step seed fundraising process from a pre-seed VC: build a tiered investor list, gather external feedback on materials, and run the raise as a structured pipeline rather than ad-hoc meetings.

Fundraising StrategyTarget ListPre-Seed Read the breakdown

Who Writes $1K Angel Checks, and Why Founders Take Them

Yin unpacks the rise of tiny angel checks: who writes $1K checks, why they aren't a waste of cap table space, and how operators-turned-micro-angels change early round construction.

Alternative CapitalClosing the RoundPre-Seed Read the breakdown

25 Traits of the Ideal Early-Stage VC

A crowdsourced-and-curated list of 25 best-practice traits for early-stage VCs, cc'ing prominent investors who debated it in replies; a useful rubric for founders scoring prospective investors.

Investor ResearchInvestor MeetingsPre-Seed Read the breakdown