I've been involved in a lot of seed fundraising. I get to act as a founder as a fellow peer to the YC founders and help them figure out how to make something people want. So I've got a good view of this. The reality is that fundraising actually looks like this. It's just sitting in a cafe talking to someone. A lot of the investors at these things, they don't invest. They're just there to meet other investors and hang out.

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