What The Fundraising Roller Coaster Looks Like Under Covid-19 Lockdown

The article discusses a startup's seed fundraising experience during the COVID pandemic in 2020. Despite having a solid plan and positive feedback from YC partners, they faced challenges due to the pandemic's impact on investor behavior and virtual communication. They adapted by focusing on building relationships with investors, sharing regular updates about their progress, and leveraging FOMO (Fear of Missing Out) to close the round. The key lessons learned include understanding the investment context, creating trust through impressive updates, and using FOMO to drive fundraising velocity.