Why You Can’t Raise VC Money
Published in
6 min readMar 28, 2023
Many entrepreneurs have experienced the keen sting of rejection when venture capital firms refuse to invest in or otherwise respond to their exciting new startups. In fact, founders today have less than a 5% chance of getting institutional money from the top VCs, and the most elite firms boast an even rarer rate of success (for example, the odds of securing backing from Andreessen Horowitz are approximately 0.7%).
