• 1. Established company (seeking post-seed investment). Validated market, product and executive team.
• 
  
• 2. Closing rounds: signed Term Sheet with VC fund*. Clear deal terms. 
• 
  
• 3. Traction: Existing clients or users. Knowledge of sales cycle.
  
• 
  
• 4. Defined offer: Clear benefits to users/clients.
• 
  
• 5. Committed team: Full-time employee (at least CEO).
• 
  
• 6. Ten to fifteen slides deck (check out Deck Tips).

* If you do not have a signed term sheet, you can consider applying to SandHillAngels, Unschackled, HearstLab, Halogen Ventures, Spero Ventures, Illuminate Ventures, or other groups such as Angelist.