Video narration
Why would anyone fund a startup when it has little proof that the idea will work? Think of a student club raising money for an event before it happens: someone backs a plan, not a guaranteed result. Pre-seed is early funding to build or test an idea; some startups already have a prototype or early customers. But investors aren't buying proof the idea will work. They're deciding whether the team and its plan are worth backing to find out. Founders explain the problem, their approach, who is building it, and what the money will help them test or build next. Backers provide funds under agreed terms. They may receive equity-part ownership-or a future right to it; details depend on the deal and local rules. So why fund one? To back a credible team's plan to reach its next proof point-not to guarantee success.