Founder Raised $4.5M Seed by Telling Investors Exactly How the Startup Could Fail
damnGruz · x · 2026-10-28
Founder tankots recounts his seed round: the pitch had three parts — what the company could become, what was known so far, and every risk that could kill it. He told investors "you could name 5 risks; I'll name 100, because we've done the work," and closed $4.5M a few weeks later. His takeaway: investors hear pitches all day and can smell hidden downside, so don't oversell the upside and definitely don't hide the risks — honesty wins.
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