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More in the 50 Questions Series50 questions: What does a VC care about? | 50 Questions: What are the Key Terms in a Termsheet? (Part 1 of 2) | 50 Questions: What are the five biggest pitfalls to avoid during negotiations? |
50 questions: What can I do to control the timetable/reduce the time it takes to raise venture capital?
Together with Nic Brisbourne of The Equity Kicker / DFJ Esprit, I am writing a series of 50 questions you should ask when raising venture capital. We expect the series to run for a year, after which we will collate the answers into a book. We view this as a collaboration, so please comment to help make this series even more useful. This is post #13 in the series.
Last week, Nic explained how long it would take to raise venture capital, suggesting that six to nine months should be how long any entrepreneur should expect the process to take.
To people for whom “time to market” is critical (which generally means “all entrepreneurs”), nine months can seem like a life time.
So this week, Nic explains what you can do to accelerate the capital-raising process, which mainly means finding ways to reduce the venture capitalists’ perception of risk. If you want to find out how to raise money quickly, I recommend you read his post.
Hungry for more? Go to the 50 questions homepage for more insights into venture capital.