Edu: Fundraising Basics Part 1 - How to Find the Smart Money
The symbiosis between founders and venture capitalists is at the core of what makes the startup business model possible. When it works well it can work very well indeed, but when it goes badly the result can be catastrophic. Get educated on how it all works, and how to dance the dance.
In this episode, Chris and Yaniv discuss:
- Different stages, seed vs A etc.
- Aside: non-dilutive capital
- What investors look for
- Thinking about defensible moats
- Selling the big picture vs. existing traction