Fundraising isn't a picture—it's a video #substack #shorts
In this short conversation, Speaker A emphasizes the importance of maintaining a lean operation and proactively defining milestones that will attract subsequent investment rounds. They stress that founders should begin building relationships with potential investors early, as investors will want multiple touchpoints to track progress. A memorable metaphor from Neal Bloom—"fundraising is not a picture, it's a video"—illustrates that fundraising is an ongoing narrative with episodes and cliffhangers, urging founders to start the story early and demonstrate reliability. Neal Bloom introduces the concept of "capital connectedness," where during diligence he examines a founder's CRM to see if they have already identified and are tracking VCs for future rounds. Speaker A concurs, noting that while not always explicit, they ensure founders have the resources and mindset to initiate the fundraising process promptly, even for first‑time raises.
