Fundraising Will Take You 3 Months

Re:Fundraising Will Take You 3 Months by gregcohn on Wednesday September 26, 2012 @04:24PM (#4577820)

There's an important difference between a fundraise actually taking 6 months, and a fundraise that you started several months before you were ready (ie, before your company has a "market-clearing" offer).

If, in parallel to fundraising, you are spending months demonstrating traction, preparing decks, modelling out potential outcomes, launching a product, or whatever, the problem isn't "fundraising takes longer than it looks on tv", but rather, "fundraising requires clearing higher standards that it seems to on tv".

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Re:Fundraising Will Take You 3 Months by eladgil on Wednesday September 26, 2012 @04:35PM (#4577882)

Good point. I see a lot of entrepreneurs start with a bad pitch. A few weeks in they will stop to regroup. They will refine the pitch, and start again.

In parallel, they may get more aggressive about coordinating all the meetings into a short window of time / pushing people to meet sooner.

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Re:Fundraising Will Take You 3 Months by dm8 on Wednesday September 26, 2012 @05:11PM (#4578070)

Elad, I agree with you on this point. Question being, should entrepreneurs get more agressive about co-ordinating meetings into a short window of time? How do investors react to that?

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