Re:Firebase fundraising lessons learned
by wensing on Thursday June 21, 2012 @11:40PM
(#4145268)
If I'm reading his post correctly, it took Gabriel Weinberg 4 months to raise his round, and he still called it quick and painless: http://www.gabrielweinberg.com/blog/2011/10/what-i-learned-f...
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Angel and VC are completely different fundraising processes.
An angel might commit to invest $50K after one 45 minute meeting. A VC could give you $5M, but it will always take multiple meetings, thorough due diligence, the approval of all the partners, etc.
In your opinion, what is the best way to contact an angel?