Don’t expect too much. A meeting is a very small step and these investors take hundreds or thousands of meetings a year. Take it as a learning process, improve your pitch for the next time and try to get more and more of them with others.

Is this a small business or a startup? If it’s a small business it may be fine if they never plan to get more investment. Additionally he mentioned it’s an LLC which makes me think small business. If it’s a startup trying to raise multiple rounds it should be a delaware c corp

This comment is assuming investment is easy to find which it isn’t. I agree about cofounders relationships being essential but also a lot of cofounders don’t come with a ton of capital.