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Geoff Ralston

10/11/18

@ Y Combinator

While fundraising, you will hear 'no' a lot and reasons why your startup may not succeed, but you should never believe that; resilience and belief in your vision are crucial.

Video

Fundraising Fundamentals By Geoff Ralston

@ Y Combinator

Fundraising Fundamentals By Geoff Ralston

10/11/18

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As a founder, it's important to believe the 'no' from investors but not necessarily the reasons behind it, as they often lack transparency.

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When an investor says no, founders should believe the no and not the reasons given, as this helps maintain their confidence and focus on their expertise.

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Don't let rejection hold you back; persistence is essential in the startup journey, as you'll face many rejections along the way.

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I believe that perseverance is key in startups; you only fail if you stop trying, and it's important to learn from setbacks without letting them overwhelm you.

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Fundraising does not guarantee success; most startups that raise money do not achieve significant revenue.

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As an entrepreneur, you must believe in your idea even when others do not, and sometimes you have to will your vision into existence despite external resistance.

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The key lesson is to not give up; resiliency is the most important trait in a startup, and you must be willing to keep finding solutions.