14 Things to Know to Raise Money in Gaming in 2020 | Devoted Speakeasy E05 by Ninel Anderson
Description
You’ve heard it everywhere by now - it’s a brave new world in gaming in 2020. And as people are more open than ever to finding ways to spend more time together online, there are thinkers who analyze these trends to figure out which companies and founders are worth investing time, energy - and of course, those big bucks - into.
In E05 of Devoted Speakeasy, join host Ninel Anderson as she chats with Sam Englebardt, Managing Partner of Galaxy Interactive, Richard Kim, Partner at Galaxy Interactive, and William Rhys Dekle, Partner at Strategic Alternatives. Between them they’ve supported the likes of Mythical, Proletariat, DazzleRocks, and more. Find out how these decisions are made, straight from the minds of some of the industry’s most experienced and thoughtful investors.
14 Things to Know to Raise Money in Gaming in 2020:
01) (01:50 ) 5 things investors are looking for in a pitch
02) (03:53 ) How do investors do their due diligence on content?
03) (07:43 ) The Pitch Process, and case studies from Galaxy’s portfolio
04) (20:53 ) Cold calling investors vs. warm intro?
05) (22:42 ) Is building a “Founder Brand” a necessity?
06) (23:10 ) How to research investors?
07) (27:25 ) Are consultants helpful in raising money?
08) (29:17 ) Supporting each other is key!
09) (30:27 ) What is the difference between a lead investor and a follower?
10) (31:10 ) How do you price your business?
11) (36:05 ) Do your math! Is VC actually a good solution for you? What other options do you have?
12) (37:29 ) Overall time, from starting pitching, to term sheet draft, to final version. When would you actually receive the money in your account?
13) (38:55 ) What's the usual time between the rounds? What should the founder be doing in between rounds?
14) (42:52 ) How has the process changed with the advent of the pandemic?
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