Thanks in advance for your help.
My two partners and I are raising money for a tech startup. We've been working with an advisor building our slide deck and business plan. Our advisor seems to believe we should go to the VC/Angel route but we have a large number of connections to folks who have expressed interest in investing low amounts of money (min 10k each). We're trying to get up and running as fast as possible (it requires some specialized equipment to start up) and it looks like raising the $250k we need from our own network would be the fastest approach.
I'm familiar with terms sheets from VC's and the angel investment process. However, I haven't seen much documentation on raising in small chunks and I'm interested in hearing how that process should go.