I had an opportunity last week to meet and briefly chat with Dave Bittner, Chairman of Invest Southwest. He clarified that while the conference is meant to help raise investment funds for the presenting companies, it can often take up to 18 months for the companies that present there to close on funds from investors attending the conference (some do it much sooner though). The conference is often the "first date" (blind date?) for these companies with potential investors and they eventually build a relationship over a number of months through discussions between the companies and investors - hopefully leading to funding.
Dave works for Beanstalk CFO Group here in Phoenix.

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