The pre-seed phase is the earliest stage in the development of a start-up, in which the basic idea is formed, initial concepts are developed and preliminary validation of the business model is carried out. In this phase, founders focus on elaborating their vision, building a core team and creating a prototype or minimum viable product (MVP) to attract the interest of potential investors and customers. Securing funding in the pre-seed stage, often through angel investors, friends and family or bootstrapping, is critical to laying the foundation for future growth and taking the startup to the seed stage.