diff --git a/src/connectFactoryObservable.ts b/src/connectFactoryObservable.ts
index f9a89cb..11ccc6c 100644
--- a/src/connectFactoryObservable.ts
+++ b/src/connectFactoryObservable.ts
@@ -1,5 +1,7 @@
 import { Observable, NEVER, concat } from "rxjs"
-import distinctShareReplay from "./operators/distinct-share-replay"
+import distinctShareReplay, {
+  BehaviorObservable,
+} from "./operators/distinct-share-replay"
 import { FactoryObservableOptions, defaultFactoryOptions } from "./options"
 import useObservable from "./useObservable"
 
@@ -9,7 +11,6 @@ export function connectFactoryObservable<
   O
 >(
   getObservable: (...args: A) => Observable<O>,
-  initialValue: I,
   _options?: FactoryObservableOptions<O>,
 ): [(...args: A) => O | I, (...args: A) => Observable<O>] {
   const options = {
@@ -17,9 +18,9 @@ export function connectFactoryObservable<
     ..._options,
   }
 
-  const cache = new Map<string, Observable<O>>()
+  const cache = new Map<string, BehaviorObservable<O>>()
 
-  const getSharedObservable$ = (...input: A): Observable<O> => {
+  const getSharedObservable$ = (...input: A): BehaviorObservable<O> => {
     const key = JSON.stringify(input)
     const cachedVal = cache.get(key)
 
@@ -27,11 +28,9 @@ export function connectFactoryObservable<
       return cachedVal
     }
 
-    const reactObservable$ = concat(getObservable(...input), NEVER).pipe(
-      distinctShareReplay(options.compare, () => {
-        cache.delete(key)
-      }),
-    )
+    const reactObservable$ = distinctShareReplay(options.compare, () => {
+      cache.delete(key)
+    })(concat(getObservable(...input), NEVER))
 
     cache.set(key, reactObservable$)
     return reactObservable$
@@ -39,7 +38,10 @@ export function connectFactoryObservable<
 
   return [
     (...input: A) =>
-      useObservable(getSharedObservable$(...input), initialValue, options),
+      useObservable(
+        getSharedObservable$(...input),
+        options.unsubscribeGraceTime,
+      ),
 
     getSharedObservable$,
   ]
diff --git a/src/connectInstanceObservable.ts b/src/connectInstanceObservable.ts
index 0147f1f..0c78de2 100644
--- a/src/connectInstanceObservable.ts
+++ b/src/connectInstanceObservable.ts
@@ -86,7 +86,7 @@ export const connectInstanceObservable: ConnectInstanceObservable = (
           flatSingleTuple,
           getObservable,
           distinctUntilChanged(options.compare),
-          delayUnsubscription(options.unsubscribeGraceTime),
+          delayUnsubscription(options.unsubscribeGraceTime) as any,
         )
         .subscribe(setState)
       subject.next(input)
diff --git a/src/connectObservable.ts b/src/connectObservable.ts
index 68fd36a..1d3f66a 100644
--- a/src/connectObservable.ts
+++ b/src/connectObservable.ts
@@ -3,22 +3,21 @@ import distinctShareReplay from "./operators/distinct-share-replay"
 import { StaticObservableOptions, defaultStaticOptions } from "./options"
 import useObservable from "./useObservable"
 
-export function connectObservable<O, IO>(
-  observable: Observable<O>,
-  initialValue: IO,
-  _options?: StaticObservableOptions<O>,
+export function connectObservable<T>(
+  observable: Observable<T>,
+  _options?: StaticObservableOptions<T>,
 ) {
   const options = {
     ...defaultStaticOptions,
     ..._options,
     suspenseTime: Infinity,
   }
-  const sharedObservable$ = concat(observable, NEVER).pipe(
-    distinctShareReplay(options.compare),
+  const sharedObservable$ = distinctShareReplay(options.compare)(
+    concat(observable, NEVER),
   )
 
   const useStaticObservable = () =>
-    useObservable(sharedObservable$, initialValue, options)
+    useObservable(sharedObservable$, options.unsubscribeGraceTime)
 
   return [useStaticObservable, sharedObservable$] as const
 }
diff --git a/src/operators/delay-unsubscription.ts b/src/operators/delay-unsubscription.ts
index db56259..9392d88 100644
--- a/src/operators/delay-unsubscription.ts
+++ b/src/operators/delay-unsubscription.ts
@@ -1,16 +1,19 @@
-import { Observable, of, Subscription } from "rxjs"
-import { delay } from "rxjs/operators"
+import { Observable, of, Subscription, Subject, race } from "rxjs"
+import { delay, takeUntil, take } from "rxjs/operators"
+import { BehaviorObservable } from "./distinct-share-replay"
 
+const IS_SSR =
+  typeof window === "undefined" ||
+  typeof window.document === "undefined" ||
+  typeof window.document.createElement === "undefined"
 const noop = Function.prototype as () => void
 
 const delayUnsubscription = <T>(delayTime: number) => (
-  source$: Observable<T>,
-): Observable<T> => {
-  if (delayTime === 0) {
-    return source$
-  }
+  source$: BehaviorObservable<T>,
+): BehaviorObservable<T> => {
   let finalizeLastUnsubscription = noop
-  return new Observable<T>(subscriber => {
+  const onSubscribe = new Subject()
+  const result = new Observable<T>(subscriber => {
     let isActive = true
     const subscription = source$.subscribe({
       next(value) {
@@ -25,6 +28,7 @@ const delayUnsubscription = <T>(delayTime: number) => (
         subscriber.complete()
       },
     })
+    onSubscribe.next()
     finalizeLastUnsubscription()
     return () => {
       finalizeLastUnsubscription()
@@ -44,7 +48,23 @@ const delayUnsubscription = <T>(delayTime: number) => (
         finalizeLastUnsubscription = noop
       }
     }
-  })
+  }) as BehaviorObservable<T>
+
+  const getValue = () => {
+    try {
+      source$.getValue()
+    } catch (e) {
+      if (!IS_SSR) {
+        source$
+          .pipe(takeUntil(race(onSubscribe, of(true).pipe(delay(60000)))))
+          .subscribe()
+      }
+      throw source$.pipe(take(1)).toPromise()
+    }
+  }
+
+  result.getValue = getValue as () => T
+  return result
 }
 
 export default delayUnsubscription
diff --git a/src/operators/distinct-share-replay.ts b/src/operators/distinct-share-replay.ts
index 81a4d17..9365b1f 100644
--- a/src/operators/distinct-share-replay.ts
+++ b/src/operators/distinct-share-replay.ts
@@ -3,17 +3,21 @@ import { Observable, Subscription, Subject } from "rxjs"
 const defaultCompare = (a: any, b: any) => a === b
 function defaultTeardown() {}
 
+export interface BehaviorObservable<T> extends Observable<T> {
+  getValue: () => T
+}
+
 const EMPTY_VALUE: any = {}
 const distinctShareReplay = <T>(
   compareFn: (a: T, b: T) => boolean = defaultCompare,
   teardown = defaultTeardown,
-) => (source$: Observable<T>): Observable<T> => {
+) => (source$: Observable<T>): BehaviorObservable<T> => {
   let subject: Subject<T> | undefined
   let subscription: Subscription | undefined
   let refCount = 0
   let currentValue: { value: T }
 
-  return new Observable<T>(subscriber => {
+  const result = new Observable<T>(subscriber => {
     refCount++
     if (!subject) {
       currentValue = { value: EMPTY_VALUE }
@@ -56,7 +60,16 @@ const distinctShareReplay = <T>(
         }
       }
     }
-  })
+  }) as BehaviorObservable<T>
+
+  result.getValue = () => {
+    if (currentValue.value === EMPTY_VALUE) {
+      throw null
+    }
+    return currentValue.value
+  }
+
+  return result
 }
 
 export default distinctShareReplay
diff --git a/src/options.ts b/src/options.ts
index 85af988..977ff19 100644
--- a/src/options.ts
+++ b/src/options.ts
@@ -3,7 +3,7 @@ export interface StaticObservableOptions<T> {
   compare?: (a: T, b: T) => boolean
 }
 export const defaultStaticOptions = {
-  unsubscribeGraceTime: 120,
+  unsubscribeGraceTime: 200,
   compare: (a: any, b: any) => a === b,
 }
 
diff --git a/src/useObservable.ts b/src/useObservable.ts
index e0251ce..7b14ed5 100644
--- a/src/useObservable.ts
+++ b/src/useObservable.ts
@@ -1,36 +1,41 @@
 import { useState, useLayoutEffect } from "react"
-import { Observable } from "rxjs"
 import delayUnsubscription from "./operators/delay-unsubscription"
-import { defaultFactoryOptions, ObservableOptions } from "./options"
+import { BehaviorObservable } from "operators/distinct-share-replay"
 
-const useObservable = <O, I>(
-  source$: Observable<O>,
-  initialValue: I,
-  options?: ObservableOptions,
-) => {
-  const { suspenseTime, unsubscribeGraceTime } = {
-    ...defaultFactoryOptions,
-    ...options,
+const cache = new WeakMap<
+  BehaviorObservable<any>,
+  [BehaviorObservable<any>, number]
+>()
+const getEnhancedSource = <T>(
+  source$: BehaviorObservable<T>,
+  graceTime: number,
+): BehaviorObservable<T> => {
+  let [result, prevGraceTime] = cache.get(source$) ?? []
+  if (result && prevGraceTime === graceTime) {
+    return result
   }
-  const [state, setState] = useState<I | O>(initialValue)
+  result = delayUnsubscription(graceTime)(source$)
+  cache.set(source$, [result, graceTime])
+  return result
+}
+
+const defaultValue: any = {}
+const useObservable = <O>(
+  source$: BehaviorObservable<O>,
+  unsubscribeGraceTime: number,
+) => {
+  const [state, setState] = useState<O>(defaultValue)
 
   useLayoutEffect(() => {
-    let timeoutToken =
-      suspenseTime === Infinity
-        ? undefined
-        : setTimeout(setState, suspenseTime, initialValue)
-
-    const subscription = delayUnsubscription(unsubscribeGraceTime)(
-      source$,
-    ).subscribe(nextState => {
-      setState(nextState as any)
-      timeoutToken = timeoutToken && (clearTimeout(timeoutToken) as undefined)
-    })
-
+    const enhancedSource$ = getEnhancedSource(source$, unsubscribeGraceTime)
+    setState(enhancedSource$.getValue())
+    const subscription = enhancedSource$.subscribe(setState)
     return () => subscription.unsubscribe()
-  }, [source$, suspenseTime, unsubscribeGraceTime])
+  }, [source$, unsubscribeGraceTime])
 
-  return state
+  return state !== defaultValue
+    ? state
+    : getEnhancedSource(source$, unsubscribeGraceTime).getValue()
 }
 
 export default useObservable