We've helped 26 companies raise $46,000,000 in the past year at @MetaDAOProject. Here are a a few takeaways for the founders out there from the past ~6 months of leading investing at MetaDAO: You need one of three things in order to get investors interest: something net-new (0-1), a distribution moat, or a 100x improvement vs your incumbents, you need to go back to the drawing board because it is unlikely you will raise a round Founders say too many words on calls. That lessens your power. Your language should be concise about what you're doing, why you're doing it, and a compelling reason as to why you're going to win. If you're raising to figure out distribution, show me what you've already tried. I need to see that you're learning and iterating FAST. You don't need a fully solved growth engine, but it's hard to get comfortable funding a large marketing budget when you haven't run a small acquisition experiment. Don't undersell traction because the number is small. 10 people choosing to use an early product is great!! I want to know who they are, what they're doing, and whether they're coming back. Help me understand why they care