by marjanf12cbfad9f | Oct 1, 2026 | Uncategorized
Time kills dealsThere is an old saying in deal work: time kills all deals. It is truer in fundraising than anywhere else. Between the term sheet and the wire, markets move, partners change their minds, and a second investor who was waiting for a lead can quietly walk...
by marjanf12cbfad9f | Oct 1, 2026 | Uncategorized
Diligence starts at the term sheet. Readiness starts months before.Most founders think of due diligence as something that happens after an investor says yes. In practice, it starts the day the term sheet is signed, and it moves fast. Investor counsel sends a request...
by marjanf12cbfad9f | Oct 1, 2026 | Uncategorized
Your next round starts with this round’s updatesInvestors back founders they trust, and trust is built between rounds, not during them. The founders who raise most easily are often the ones whose investors have been hearing from them every month: the wins, the...
by marjanf12cbfad9f | Oct 1, 2026 | Uncategorized
The round closed. The work did not.The wire lands, the team celebrates, and every founder I know wants to get back to building. That is the right instinct. But the weeks after a close are also when the next round’s diligence problems quietly start.Closing...
by marjanf12cbfad9f | Oct 1, 2026 | Uncategorized
Diligence from the other side of the tableMost content about seed-stage diligence is written for founders, and most of it is a list of documents to upload. That is not how investor counsel experiences a data room. Investor counsel is not checking whether documents...
by marjanf12cbfad9f | Oct 1, 2026 | Uncategorized
A summary is not a recordAsk a founder who owns their company and they will open a spreadsheet or log into their cap table software. Ask a lawyer the same question and the honest answer is: it depends on what the documents say.The cap table is a summary. It records...
