• Episode 0004.2 Raising Money for Your Startup (cont.)

  • Apr 17 2024
  • Length: 41 mins
  • Podcast
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Episode 0004.2 Raising Money for Your Startup (cont.)

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  • Summary

  • The guys continue their conversation about raising money for your startup idea or company. They dig deeper into the differences between Angel Investors, Venture Capital (VC) Investors, and Commercial Banks. Chris takes a little time to explain what is meant by “Smart Money, Dumb Money, & Trusting Money”, along with the hidden costs associated with receiving each of them. Chris also provides advice throughout the episode on things to do and consider before you reach out to Angel Investors or VCs. The guys talk about how much money you should ask for when you approach a potential investor. Chris explains the difference between “pre-seed” and “seed” funding. Thinking about being an investor in startups? The guys also talk about that too. The guys wrap up the episode talking about the main characteristics of a successful elevator pitch.

    Special thanks to R.A.M. Arts & Media for editing this episode!
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