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Thank you! This part about "round closing NOW" always puzzled me. I understand there is a tradition to set deadlines like that - "raising NNN by YY", but what i
by try_sincerely 12y ago
Thank you! This part about "round closing NOW" always puzzled me. I understand there is a tradition to set deadlines like that - "raising NNN by YY", but what if the deadline comes and I don't have 100% of my round in? I set a new deadline?
- debacle 12y agoYou reassess the business and dust off your exit strategy. If the investors already know what your runway looks like and they haven't given you a term sheet, they aren't going to be investing.