Guest post: The terrible truths of fundraising from a first-time founder

Kapwing co-founders Julia Enthoven and Eric Lu. Source: Kapwing blog

Last week, we announced Kapwing’s seed round publically. Like most startup founders who have just closed a financing round, we’re thrilled to have found investors and optimistic about the future. But I also feel that these reports paint a misleading picture of the fundraising process. For us and for many founders, the process of raising a seed round was discouraging, stressful, and very difficult. In this post, I describe the side of fundraising not covered in outcome announcements, the lessons and realities that inexperienced entrepreneurs should know to expect.

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