Forbes March 14, 2025
Mike Mahlkow

Fundraising is one of the most misunderstood—and emotionally draining—parts of building a startup. Many founders think a polished pitch deck with a good idea will get them funded, but investors don’t fund decks—they fund momentum. They don’t fund ideas; they fund execution.

After raising over $100 million across multiple ventures, investing in 40 startups as an angel investor and helping dozens of startups raise money, I’ve seen firsthand why many founders fail at fundraising. Sometimes it’s because their idea is not good enough. More...

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