I am used to directors often being representatives of their respective venture funds, so when a financing round is done, an investment by a director (personally, which is rare) is done simultaneously with the closing for all the VC funds.
I have seen an outside director making a personal investment in a round (he bought $100,000 for himself), butt even he wired his funds into the same escrow to be released simultaneously at closing.
So, your experience is vaster than mine. Which is why I asked you about it, and you gave me a perfectly fine explanation that I understand and makes a lott of sense.
That's why I hang on DD - I learn a lott from folks like you.
I appreciate your answers and those of others. There is a lott of knowledge in this crew. I find ~OUTT more new shit here almost every week.