Hello HN, I'm posing this question as I've been thinking of how to approach fundraising and so on.<p>I'm thinking of opening my own startup, and one of the biggest barriers I have is finding the company's paid-up capital (1M USD) due to regulatory compliance in the country that I want to bootstrap it.<p>What kind of stage should I be in to try and raise this amount? I won't be able to deploy the product unless I clear the regulatory hurdle.<p>What kind of advice/wisdom do you have for me?
Fundraising is 90% who you know. Start knowing people and it's easy. Try cold-raising and you're going to have a rough time without crazy traction.