Closing an angel round on friday

I'm in the process of closing an angel round for one of my companies today.  I was asked by one of the investors how the closing was going and I wrote:

Like any closing with angels ....

  • 60 percent close with no problem,
  • 30 percent close a day or two late, with little problem and a little massaging
  • 10 percent close in a week or more, with plenty of problems and lots of massaging.

Overall, I'm reminded of :

  • The benefits of working with institutional funders.
  • Never to try to close a financing on Friday.
  • The similarities amongst Angel financings and herding kittens (or greased pigs -- kind of funner image :-).