If you’re raising $250k from angels, let’s say it’ll end up being $25k from 10 angels. Assuming a generous avg 10% conversion from chat to close, that’s 100 investor mtngs. Conversation rate starts low and goes up during your fundraise, so first 20 may say no. Don’t give up.
Also worth noting that even the hottest rounds, success comes in streaks. It is very likely, if not definitional, that fundraising does not go well until the week before its over. You are likely to have many no streaks before you don’t.
