Is Raising Your Seed Round In 2-3 Weeks Possible?

I came across a post on LinkedIn yesterday from a GP of a popular VC group out of the south of the USA.

He had a lot of people upset in the comments because his post was saying that most seed rounds should realistically be raised in 2-3 weeks maximum.

“I’ve been trying to raise for 9 months and still haven’t received a term sheet yet!”
“How can you be this naive? Some founders have been trying to raise for years and we still have nothing!!”

The angry comments seemed to go on and on.

But at the end of the day:

He’s right (sort of).

If you want to count “time in the market” of a raise, ~ 3 weeks isn’t the craziest thing in the world to execute on.

The prep work, the material building, and the narrative part of things definitely will take some time before hand in additional to the handful of weeks being live.

But it’s completely possible. We’re seeing it on a few of our deals right now.

We have a client of ours who just kicked off their Series A round on Monday last week. In the first 7-10 days of being live we already have interest from 12 different firms (mainly specific VC’s and a few family offices) who are looking to move quick.

Another Series A we’ve been leading on for a few weeks and we’re circulating with 36 interested parties.

How are we doing this? How can we help deals move this fast and why was the GP in the LinkedIn post 100% correct?

Distribution.

The fault that the majority of founders raising at this stage are falling into is trying to tiptoe their way into finding an investor.

One conversation here, another coffee chat there, etc.

In taking this approach, no FOMO gets built, there is no incentive for the venture group to move on anything with speed, and you’re stuck in a perpetual loop of “we’ll circle back”.

When we take a raise on, our main focus is on the distribution of the deal into the right hands as fast as possible. This gives us:

• Feedback on the deal faster to make tweaks and changes to the story

• Pulse from the market on what the initial interest is

• What groups are interested vs who is not right away

All of this happens in days / weeks, not months. This means we’re making tweaks and applying feedback faster than some founders are having 3 conversations.

This builds momentum, FOMO, and an incentive for venture groups to move. Because if they don’t, it’s a good chance someone else will.

We’re building some pretty cool internal tech at Breakout all designed to help founders like you find and connect with the right investors, faster, and more efficiently.

If you’re raising $2-50M over the next 3-6 months, drop me a reply and I’ll respond with more details.

You can also take a look at our Capital Advisory Thesis for more information.

Thanks for reading, speak soon.

Ryan Bryden