Up to now my posts in this series have largely dealt with the structure of the VC industry, the background if you like. Now that the the fundamentals are explained I can turn to the more practical aspects of what it is like for entrepreneurs to deal with venture capitalists, starting with the question ‘How long will it take my company to raise venture capital?’.
The simple answer is that 6-9 months is a prudent amount of time to allow for raising money, although there is significant variation between companies (and over time). My advice would be to allow more time than you think you need and to be honest with yourself about the extent to which you can hope to be faster than average.
To read the full, original article click on this link: How long will it take my company to raise venture capital? « The Equity Kicker
Author: Nic Brisbourne