Founders should begin fundraising well before reaching six months of runway
Nav Athwal · 20VC: Why Adaptability Is Key To Fundraising, Why Supply Is Always The First Priority In Marketplaces & Why Sometimes You Have To Hire Fast & Fire Fast with Nav Athwal, Founder & CEO @ RealtyShares · Oct 21, 2016 · at 21:14
Nav Athwal is the founder and CEO of RealtyShares. He shares tactical fundraising advice based on navigating difficult venture capital markets.
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“Try to get in front of the fundraise. Don't raise when you are on, you know, on a six months of runway, try to raise earlier. Because ultimately you want enough flexibility where if you're not getting the right price for the round, you can go, you can afford to wait rather than being forced into a round because you know, If you don't close it in three months, you could be out of money.”
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