This is a great 30 minute video presentation by Naval Ravikant on what to do "before" you raise money. The money is just a step in the process and I would submit you need to be focused on running a company, not just starting one. Some good thinking here so please enjoy!
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Venture Vice 
Without intending to, I ended up watching the entire video. Good stuff here.
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Zariah Hynes
Thanks for sharing, this is a fantastic blog. Cool.
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