It’s Not Closed Till Money Is in the Bank Hello, this is Hall T. Martin with the Startup Funding Espresso — your daily shot of startup funding and investing. Founders seeking funding will hear yes from an investor. Many founders consider the funding to be done. Founders should move to close the funding and not rest until the funds have been transferred. Many funding commitments never materialize. Issues come up in diligence. The investor has cash flow issues or unexpected expenses. Bad news from the financial markets shakes the investor’s confidence. To close the funding, set up a timeline with the investor. Baby step in the process to get the documents signed, the diligence done, and the funds transferred. Remove areas of friction, such as docu-signing the investment documents. Diligence is a key area to watch out for, as new information will come to light. This will have the most impact on an investor’s decision. Finally, keep the fundraise going. It’s not closed till money is in the bank. Thank you for joining us for the Startup Funding Espresso where we help startups and investors connect for funding. Let’s go startup something today. _________________________________________________________ For more episodes from Investor Connect, please visit the site at: http://investorconnect.org Check out our other podcasts here: https://investorconnect.org/ For Investors check out: https://tencapital.group/investor-landing/ For Startups check out: https://tencapital.group/company-landing/ For eGuides check out: https://tencapital.group/education/ For upcoming Events, check out https://tencapital.group/events/ For Feedback please contact info@tencapital.group Please follow, share, and leave a review. Music courtesy of Bensound.

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Disclaimer:
Hall T Martin is the director of Investor Connect, which is a 501(c)(3) nonprofit dedicated to the education of investors for early-stage funding. All opinions expressed by Hall and podcast guests are solely their own opinions and do not reflect the opinion of Investor Connect. This podcast is for informational purposes only and should not be relied upon for the basis of investment decisions.