UNITED STATES (FUNDING FOCUS MAGAZINE) 2015
How many times did you walk into a store just browsing and without an actual intent to buy? Store reps approaching you and asking if they can help, and you keep browsing. Same happens with investors. Without an explicit interest in making a deal, they would talk to you giving you hope that one day if you answer all questions they will fund your company. Telling whether the investor is buying or is just browsing from the beginning is extremely important and will save you a lot of (a) time, (b) resources, and (c) nerves.