“Hey, I’ve got this great idea for a startup! You live in Silicon Valley, can you help me get venture capital funding?”
This is a common request that I get from people that live outside of Silicon Valley. Unfortunately, raising money is hard regardless of if you want to start a company in the Midwest or Silicon Valley. Can I get funding based off of an idea? Nope… Can I get funding based off of a business plan? Nope… Can I get funding if I have an app built? Depends… Can I get funding for an app that has over a million downloads? Now you are talking… Can I get funding if I have an app with a million downloads, a rockstar team, and I sold my previous company to Microsoft? Yes!