You mention getting intros from your network. A first-timer is probably less likely to have people in their network who could introduce them to a VC, although they may have a large network. Accelerators like Y Combinator seem to solve this problem, but what about those outside of the accelerators?
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Of course it is. I know tons of first-timers who've used AL effectively.
You mention getting intros from your network. A first-timer is probably less likely to have people in their network who could introduce them to a VC, although they may have a large network. Accelerators like Y Combinator seem to solve this problem, but what about those outside of the accelerators?