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Full Version: Choosing between industry-focused VCs and strategic angels for B2B SaaS funding
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My co-founder and I are developing a B2B SaaS platform and are preparing to seek our first significant round of funding. We're debating between pursuing venture capital from a firm that specializes in our industry or trying to secure strategic angel investors who could offer more hands-on mentorship and potentially better terms. Our product has a working MVP and some early pilot customers, but we need capital to scale the engineering team. What are the key considerations and trade-offs between these startup funding strategies at this stage, and how should we structure our pitch differently for each audience?