Post-LOI you are on the clock to get the deal done. The best prep work is done pre-LOI when it comes to potential investors. How have you been keeping them in the loop? Regular email updates? Phone calls or texts? F2F meetings? Nothing until you have terms?
I am talking about LP equity investors. Not partners, key advisers, or someone may sign a personal guarantee on a loan.
Searchers - How are you engaging potential investors pre-LOI?
by an investor from Washington University in St. Louis - Olin Business School
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We maintain partnerships with database providers that make searching more effective, efficient and affordable along with features that help searchers find deals and investors and vice versa.
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