Learn the ins and outs of a VC term sheet and tips you can use during a negotiation. For associated handout visit: https://launch.wilmerhale.com/uploadedFiles/Shared_Content/Events/Documents/WHQLU-Venture-Capital-Negotation.pdf
There is no specific percentage of time, but it’s likely a CEO will spend a majority of their time over a typical six-month period on the fundraising process since they are executing, obtaining feedback and networking.
Be willing to take a leap of faith because there is always a risk when making an investment. Find investors who believe in you and your product, but have an honest understanding of the real risks and an attack plan for how to address them.