“I want to close my €3 M round by the end of the month.” –Why funding doesn’t come easy and how to set yourself up for success
Let us come down from Bubble Gum land and take a proper look at how things are really done in Europe when raising early-stage equity.
I am regularly astounded by young start-ups who contact us (The European Health Investor Network) for their fundraising and when asked what their timeline to closing is, they answer without doubt or humour “at the end of the month”.