Outside YC, chasing a 'yes' actively to turn it into a completed investment is even more important. Optimize for speed is closely related to optimize for outcome.
One minor addition to the chart - if investor asks for a longer timeframe, respect that - and chase other investors!
But a longer a timeframe where? I think waiting on signing docs after agreeing to them is far from ideal, same goes for waiting on wiring the money, unless agreed in advance.
One minor addition to the chart - if investor asks for a longer timeframe, respect that - and chase other investors!