Raise Millions by Hustle Fund VC Page 134 Cheat Sheet This is a high-level summary of the book’s key takeaways. Refer back to this page when you need a quick answer. Or go to bit.ly/ DunkyHippocorn to ask our chatbot any questions about the book. Fundraising 101 ● Not every business needs to raise money. It can be advantageous to fundraise if your goal is to eventually get acquired or go public. ● If you're a pre-seed founder, we recommend working with angel investors. They’re more accessible, will give you money faster, and often roll up their sleeves to help your startup. If you’re in the later stages, VCs can provide you with more money and direction when you’re scaling fast. ● The amount of money you should raise is based on several factors: what industry you’re in, how experienced your team is, and how the market is doing. Typically speaking, we’ve seen founders raise $100K - $1M at the pre-seed stage, $500K - $3M at the seed stage, $1M-$5M at the post-seed stage, and $5M - $10M at the Series A stage. hustlefund.vc / @hustlefundvc