AIAS Phase 5
Phase 5: Capital Conversion
Phase 5 turns committed interest into funded capital, measuring commitment rates, timelines, and the true cost of every dollar raised.
What Phase 5 is
Phase 5 covers the path from verbal interest to signed and funded. Subscription steps, documentation, wire timing, and the follow-through required to close the gap between yes and funded all sit here, alongside the measurement of what each dollar actually cost to acquire.
Why it matters
A raise is not measured in interest. Commitments stall in paperwork, timelines stretch, and the economics of a raise are decided by how long capital takes to arrive and what it cost to get there. Phase 5 is where the system proves whether the preceding phases created capital efficiency or only activity.