Founders Always Ask
David Graham, Rosalie GrahamFundraising playbook, insights and resources for founders raising early-stage rounds from someone with 25 years of experience, 4 exits and 3 failures.
| Platform |  | Pricing | Only paid issues | Publishes | Daily |
|---|---|---|---|---|---|
| Issues | 73 | Founded | a year ago | Last Issue | 4 months ago |
| Active | |||||
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The Cold Shower
Am I actually ready to raise?
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3.15 Nobody wants to be first
Follow-on interest is not momentum. Without a lead investor, your round is an empty field. The anchor tenant comes first - everything else hangs off that single commitment.
Founders Always Ask is a reader-supported publication. To receive...
3.14 Distribution trumps features
The distribution channel dictates the product strategy. Your channel is your moat, not your features. The better product loses to the better distribution channel in almost every market that matters.
Founders Always Ask is a reader-supporte...
3.13 The head start trap
Code is replicable. Validation is not. Moats are built from things earned, not built. Your head start is only valuable if you use it to validate something real.
Founders Always Ask is a reader-supported publication. To receive new posts an...
3.12 Selling tenners for eight quid
Unit economics and burn rate are the same question asked two ways. High burn is justified only to improve unit economics. If the ratio is flat or deteriorating, you are not building - you are subsidising the appearance of growth.
Founders...
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The writers behind this newsletter.
Founder turned investor. Founders Always Ask is a fundraising playbook for first-time founders. No fluff. No templates. Just what works, from a guy with four exits and three f**k ups.
Connecting early-stage founders to capital.
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