I partially agree with your caveat. In our case we went to almost zero events, all of our meetings were face-to-face with a single firm. After that we stayed in touch and gave updates on our progress. This also let them get comfortable with our ability to work together and execute on a product. We were also able to show more and more traction over time.
Investors will get tired of you if you are raising money for a long time. Once you decide you are raising, get all your meetings done as quick as possible, hopefully in only a couple of weeks.
It may not need to be a year. We started these discussions in June and started raising in September. They key is just before you need money.
Investors will get tired of you if you are raising money for a long time. Once you decide you are raising, get all your meetings done as quick as possible, hopefully in only a couple of weeks.
It may not need to be a year. We started these discussions in June and started raising in September. They key is just before you need money.