The startup ecosystem faces significant challenges in securing venture capital funding in 2024. A majority of startups, approximately 99%, are rejected by venture capital funds. Angel investing, while crucial, is fraught with difficulties, including finding product-market fit and achieving a priced round. Many investors make up their minds within the first few minutes of a pitch, making it essential for founders to present compelling cases quickly. Poor financial management is a common reason for failure, with 82% of tech startups burning through cash rapidly. Investors now demand live and working products, traction, and metrics before committing funds. The journey to securing investment is arduous, especially for seed-stage startups, requiring persistence, smart financial planning, and the ability to handle rejection.