Ask HN: Funding – Should we wait for this fund to invest in us?
3 mehra-vaayushop 7 7/22/2025, 1:16:34 PM
Genuine advise needed...A fund wants to invest...they said they target 3-4 weeks to decide...It's stretching to 3 months already with no final date in sight.
They say - they have got deal flow & evaluating more...
Genuine advise needed - should we wait? We already raised 75% already of our target funds...We truly want to move to customer acquisition now...though we find this will be smart money if they invest...but we don't want to wait & put effort further on fundraise beyond a hard date.
What should we do
I thinking of giving a timeline beyond which we just want to spend time with customers.
Ironically, fund tells us they have got more deal flow that they are evaluating...I told them - but we put a cap on how many investors & timeframe that we talk with them.
it's time cost for us & we want to rather focus on customers now catch is - I like the team of this fund..which makes this smart money.. tbh - I am also like that we already spent a lots of time already...so let's wrap to a conclusion
You reach out every few months with updates, especially if those updates include the KPIs they're looking for to invest. If you don't know what those KPIs are, then your initial conversation with them was too hand-wavy.
If you have traction and you continue to gain traction, follow up every few months with a "This is where we are" email, if you'd like. But if you're waiting for them to do something before you make whatever move you were going to make after they made their decision, you're going to be waiting for a long time.