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t’s YC demo day in 2 weeks and fundraising around the Summer 24 batch is already at fever pitch. Many founders are experiencing a lot of demand and it’s tempting to raise a bunch of money from lots of small checks. I’m biased, but if you are lucky enough to have plenty of interest, I suggest you engage those with deep pockets.
This has been a tough year for many startups that were king of their hill just a few years ago. The fundraising and acquisition situations we are seeing are incredibly stressful for founders, to say the very least.
If you’ve built a community, it’s not always immediately clear how you will make money.
A month of mixed news for the US economy. Most of us will be excited to see inflation dip under 3%, a 12 month low, and a strong indicator of near term interest rate cuts, especially with unemployment now up to 4.1%.