The Six Secrets of Raising Capital

SECRET 6The Wire Closes the Deal

Your funding round will close—meaning your round of capital raising will be at a final, irreversible conclusion—when the investor’s money arrives in your business checking account. Ka-ching! Until then, however, nothing is certain. The deal is so close … but there is still reason to hold your breath. At this point in the process, you have successfully scrambled through all the tortuous terrain in your exotic journey from just another wannabe entrepreneur to Funded Guy. You are exhausted, but look, there it is, you can see the finish line. And with the precious transaction documents now ready to sign, you would think that all that remains is pen and ink, a bank wire, and measuring your head for the correct size ...