How long does the funding process take?

Question

How long does the funding process take? In SF!

Vali Lupoaie · Accepted Answer

For us it's set for one and a half months.

we're trying to raise 300k in the pre-seed round through Wefunder.

How do you plan funding? Crowdfunding?

Sandhana Arkish · Answer

It depends. If you send us a link to your business' homepage, you can typically expect a response within 60 minutes. If you send us a link to a specific project, you can typically expect a response within 1-2 days. For example, it may take 3 days if we're traveling, or if you send us a link to a project that we're not immediately interested in. We receive many funding requests every month, so we'd like to make sure that we give each project the attention it deserves.

Answer

The funding process varies on many factors. These factors include the company's development stage, the quality of the management team, the quality of the business plan, the investor's willingness to accept the risks involved, the investor's own objectives, the deal terms, the amount being raised and the economic environment.

How long does the funding process take?

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