Beginner's guide to pre-seed funding

Pre-seed funding is the earliest stage of investment in a startup, typically involving investors providing capital for product development in exchange for equity. It differs from seed funding as it focuses on investing in an idea rather than a developed product and usually generates smaller investments. Business owners can start raising pre-seed funding when they have a minimum viable product (MVP), experienced founding team, a good fit between their product and target market, and are beginning to attract new customers. To get started with pre-seed funding, create a compelling pitch deck, choose the right investors, and negotiate a contract.