For us making the ”yes we’re in” decision is fast – can happen in days. Decision is made among the 3 of us, no committees needed. We work independently and our decision does not depend on what others do so we are often the first to commit.
But getting to the closing including payment totally depends on you. If you are well prepared and execute promptly on all formalities it can go through in a few weeks, but usually it takes longer – can be several months. Two most common reasons for that are:
- You do not have enough investors to close the round (we are never the only investor so you will need others)
- The DD brings up issues that need to be addressed prior to final closing (such as unfinished paperwork in share transfers).