this post was originally shared on Linkedin by Amanjot,
"What is the right time to raise funds?
While I was trying to raise funds for my own startup somebody said to me that "the best time to raise funds is when you don`t need it"
Which is not the usual case as I believe the first round is the toughest to raise as afterwards you have experienced investors and they will be also making efforts on their end as they also want to grow their money.
Some first time founders start raising funds on their pitch deck, I dont know why but something is wrong with there entrepreneurs. They need to understand that they are not Elon Musk, they should try to become one to raise funds.
You should have the following before you start approaching the investors: