I am working on a project which just finished its prototype, and will start internal testing soon.
There are 3 of members in my team, and we are considering of start trying AI or participating some programs such as Y-Combinator
To be very honest, we have had no experience of approaching capital before, and we are still somewhat more like 3 geeks, who having a great idea and working solution want to show to investors in order to get more resource to make things beefed up.
i think we are in the corner of whether getting incorporated or letting organizations such as Y-combinator to help us incorporating it.(if we are lucky enough)
What is the "prons and corns" of having a company before you start seeking investment, is there any approach that we can follow?
thanks in advance