http://paulgraham.com/fr.html Investors will try to lure you into fundraising when you're not. It's great for them if they can, because they can thereby get a shot at you before everyone else. They'll send you emails saying they want to meet to learn more about you. If you get cold-emailed by an associate at a VC firm, you shouldn't meet even if you are in fundraising mode. Deals don't happen that way.

http://techcrunch.com/2014/02/15/was-y-combinator-worth-it All of our investors – every single one of the 43 – contacted us or requested an introduction through their network.