The two biggest factors in the time it takes to close a VC round are how obviously good the idea is, and how much competition there is for the deal. The two ar

The two biggest factors in the time it takes to close a VC round are how obviously good the idea is, and how much competition there is for the deal. The two are not entirely independent of course. By "obviously good" I mean obviously good to VCs, who as a rule tend to overlook the very best ideas because they seem crazy. So for example it may have slowed things down for Gabriel that he was working on a new search engine, because to many VCs it would seem crazy to try to compete with Google.