DON'T KICKOFF A FUNDRAISE IN LATE SUMMER

Summary from the TLDR Founders newsletter

While fundraising data shows steady deal volume through summer months, the real impact of VCs vacationing appears 1-2 months later as September/October deal volume drops 15-30% from peaks. Launching a fundraise between July 15 and August 31 means slower VC response times, less momentum, and worse terms, so founders should either start early summer or wait until September unless runway demands immediate action.