The answer probably depends on how much money you are trying to raise and from what type of investors.
If you need thousands to tens of thousands of dollars and have a rich uncle then the answer is probably yes.
If you need hundreds of thousands to millions of dollars and you want to raise from professional startup investors then the answer is probably no (Chris Sacca from Lowercase Capital says something like, "I invest in URLs not business plans").
Comments
The answer probably depends on how much money you are trying to raise and from what type of investors.
If you need thousands to tens of thousands of dollars and have a rich uncle then the answer is probably yes.
If you need hundreds of thousands to millions of dollars and you want to raise from professional startup investors then the answer is probably no (Chris Sacca from Lowercase Capital says something like, "I invest in URLs not business plans").
There are exceptions of course.