# Soft circle

A verbal yes an investor has not signed or funded anything to back up.

It is the number a raise dies on. Soft circles are collected early, counted as progress, and then fall out at the rate people change their minds, so a [searcher](https://searchspheresource.com/glossary/searcher) who adds them to their committed total is reading a figure that has never once been true.

In numbers: Six investors soft-circle $600,000 between them. Four sign for $380,000, one goes quiet, and one asks to see a live deal first; the raise was never at $600,000.

Source: https://searchspheresource.com/glossary/soft-circle
Not dated: A definition is editorial: what a term means, why it matters, and an example. None of it reads a source that can go stale, so there is no date to take and a stamped one would be the build time wearing a costume.

Site index for machines: https://searchspheresource.com/llms.txt