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Funding: When sending out a teaser for seed money, if we manage the process ourselves instead of using an investment banker, will we be taken seriously?
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Chesley M. Chen, I help CEOs launch start-ups and keep their Zen. answered:

Hi,
Good question. I agree with several others that you should not use an investment banker to raise seed money.

Have you done any market/customer validation of your software. This is really important before you start raising money from outside investors. Investors will ask.

I am working with other start-ups (including my own) on how to raise money without bringing in outside investors. The best case scenario is talk potential customers to do a proof-of-concept, feasibility project.

I am happy to talk through the various options with you if you set-up a call.

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