Do You Really Need an Investor?
A decision checklist for separating a genuine capital requirement from the assumption that every startup should raise.
Fundraising Hub
A focused set of decisions, checklists, and templates adapted from the Polish original Anioł w Piekle: when to raise, what investor money changes, and how to prepare for the relationship.
From the book
Aniol w Piekle is the source for this section: how to raise investor money, and why it is not always worth taking.
Read free chapters →A decision checklist for separating a genuine capital requirement from the assumption that every startup should raise.
A consistent update keeps founders honest about progress and gives investors enough context to help before a problem becomes urgent.
Investor equity is one option. This map compares the nine financing paths presented in Anioł w Piekle.
A simple narrative structure from Anioł w Piekle for explaining the company without hiding the investment case under decoration.
A compact preparation sequence: confirm the decision, define the milestone, research the right funds, and keep more than one path open.
Valuation is only one line. Use this checklist to examine ownership, downside protection, control, and the working relationship behind the offer.