When is the right time to engage potential investors?

by a searcher from Fort Hays State University

10 months ago

Hi All,

I am in the midst of my self funded search and will need some excess capital to do a deal in my target range. When is the right time to engage potential outside investors? Is pre-LOI too soon or is it more advantageous to act sooner rather than later?

Thanks!

1 like
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22 comments

searcher from EDHEC Business School, Lille and Nice

Really helpful thread. Thanks!

9 months ago | like reply | 1 like

searcher

My view seems to echo those above. The best time to raise money is when you don't need it. Someone I used to work for told me this and it's stuck with me.

9 months ago | like reply | 1 like

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