Dallas Price’s Post

8 Radical Ideas for (getting out of the maze of) Venture Capital I have pitched to VCs, angels, corporates, family offices and I have applied for public grants as CEO at Clue. We raised € tens of millions.. but Gosh how much time was wasted, for everybody! In an tech industry obsessed with high performance, optimization, and radical ideas, it’s strange that the awkward social dance of fundraising attracts so little attention as an area ripe for innovation? Perhaps it does, and many models are being tried out? Well, as a founder that wasn’t my experience… My “8 Radical Ideas for VC” are ideas on how to do better! You - help us all by refining these ideas or come up with even better ones to change how money flows in the tech world—we are all wasting too much time. Plus, it’s a system vulnerable to systemic bias, and the results are not good—we all know the stats. Starting with the first seemingly simple task for the founder: To figure out who to send a pitch deck to 1 The deal flow  - Problem: Founders spend too much time getting warm introductions, network and pitch. The social confirmation of who introduced, the social dance of who in the funds you get to talk to, your ability to pitch and how you are being perceived - it all distracts from the value of the business idea and it creates biases that hurt diversity. - Solution: Submission of decks via websites. This would make it decisions more data driven, and make the flow of data (startup ideas getting to VCs) more efficient and streamlined, fairer and more transparent. The next posts: 2 The pitch deck 3 Wealth distribution 4 What is being funded 1/2 5 What is being funded 2/2 6 Accountability 7 Time it takes to raise 8 What is success  (Subject to change) #VC #fundraising #founder #startup #capial #fair #diversity #newparadigm  #sustainability

Many times I see startup founders who hear their first "no" from investors and pivot their story into more risk avoidance direction. "I'll eat with little spoon" they say to their next prospective investors only to get even more rejections. This NFX article shows really nicely that a startup idea need to be a "venture size opportunity". If this cannot be a $1B (or better $10B) business in 10-15 years, it doesn't matter how solid $50M this can be. That startup is not fundable by venture capital. So VCs first want to see that's it can be big and only then they would look into other criteria (like how likely the startup is to ever reach $1B). Understanding this, changed my approach to fundraising 180 degrees.

With a markedly different fundraising climate in 2024 it is vital for startups to understand the motivations of angel investors who can provide a vital lifeline of early stage funding. 📚 Read the full article via UK Business Angels Association https://ow.ly/etZm50RbrxR #startups #business #investors

What is this? It’s "8 Radical Ideas for Venture Capital," part 2 of 8. See the introduction below (the problem is that raising money is a wasteful process and prone to biases). 2. The Pitch Deck   - Problem: Building a deck requires too much time and effort. Others have done it before, and VCs want specific information anyway. So, each founder starting from scratch, or even using templates that need to be modified and branded, is a waste of time. It also risks not being what the VCs actually need to know if they want to meet the startup.      - Solution: Each VC has a simple (Google) form on their webpage. It includes a limited number of questions, with a simple AI behind it so that if you’re building hardware, for instance, it has different questions than if you are in fashion. The next posts will be about: (1. The deal flow) (2. The pitch deck) 3. Wealth Distribution 4. What is Being Funded 1/2 5. What is Being Funded 2/2 6. Accountability 7. Time It Takes to Raise 8. What is Success  (Subject to change) #VC #fundraising #founder #startup #capital #fair #diversity #newparadigm  #sustainability **Intro:** I have pitched to VCs, angels, corporates, and family offices, and applied for public grants as CEO at @clue. Gosh, how much time was wasted, for everybody! In a tech industry obsessed with high performance, optimization, and radical ideas, it’s strange that the awkward social dance of fundraising attracts so little attention as an area ripe for innovation. Perhaps it does, and many models are being tried out? Well, as a founder, that wasn’t my experience. My “8 Radical Ideas for VC” series of posts are ideas on how to do better! You—help us all by refining these ideas or coming up with even better ones to change how money flows in the tech world. We are all wasting too much time. Plus, it’s a system vulnerable to systemic bias, and the results are not good—we all know the stats.

Hello 👋 connections,I got a chance to attend an insightful expert session on Angel Investing and venture capital funding hosted by Idea Lab in collaboration with IIC, Geeta University. 📌The expert speaker Devang Raja - 5 Most Powerful Business Leaders in Fundraising (Founder, "Venture Wolf" and "Angel Investor and Venture Capitalist") shared valuable insights on navigating the world of startup funding. Here are some key takeaways: 1. Fundraising Essentials: We delved into what fundraising really means and why it's crucial for startups. Whether you're bootstrapping or seeking external investment, understanding the process is vital. 2. Stages of Funding: From bootstrapping to Series E rounds, we explored the various stages of funding. Each round has its unique characteristics, and knowing when to seek investment can make or break a startup. 3. Types of Funding: Equity, debt, and capital markets-Mr. Raja covered it all. Choosing the right funding type depends on your business model, growth plans, and risk appetite. I was enlighted on the fact that funding isn't just about money; it's about unlocking opportunities and fueling growth. Thanks to Mr. Devang Raja for an enlightening session! ✈️

Don't forget to sign up for our webinar about exploring alternative sources of funding [Sponsored by Hospitable.com and PriceLabs] 🗓️ 21 May 2024  🕒 4pm BST Register here >> https://lnkd.in/e42S6eg4 << ------------------------------------------------------------------------------------   Amid a challenging investment landscape and widespread global economic uncertainty, investors are unsurprisingly being cautious about how and where they invest their capital. With this in mind, startups in the short-term rental industry are adopting alternative approaches on their funding journey, whether it is raising funds via crowdfunding or going down the venture capital or angel investing routes. This webinar will explore these alternative sources of funding and what may be the appropriate route for your company or startup. Learn insights from our expert panel:  - Andrew Martyn 🇺🇦, CEO and co-founder, Your.Rentals - Alexander Limpert, CEO and Co-Founder, GuestReady and RentalReady - Yasha Estraikh, associate partner, Piper - Eduardo Cannizzo, senior associate, Seedrs You will learn about: - What the current funding landscape looks like - Why startups may struggle / are struggling to secure traditional sources of funding and how they access alternative options - Why it is important to go down the right funding route for your business and at the right time - What goes in to a crowdfunding / angel investing process - Investor advice to founders / CEOs - How the funding and investment landscape might play out over the next 12 months Don't wait any longer and sign up NOW! #webinar #shorttermrentalz #funding #investment #signup

Don't forget to sign up for our webinar about exploring alternative sources of funding [Sponsored by Hospitable.com and PriceLabs] 🗓️ 21 May 2024  🕒 4pm BST Register here >> https://lnkd.in/e42S6eg4 << ------------------------------------------------------------------------------------   Amid a challenging investment landscape and widespread global economic uncertainty, investors are unsurprisingly being cautious about how and where they invest their capital. With this in mind, startups in the short-term rental industry are adopting alternative approaches on their funding journey, whether it is raising funds via crowdfunding or going down the venture capital or angel investing routes. This webinar will explore these alternative sources of funding and what may be the appropriate route for your company or startup. Learn insights from our expert panel:  - Andrew Martyn 🇺🇦, CEO and co-founder, Your.Rentals - Alexander Limpert, CEO and Co-Founder, GuestReady and RentalReady - Yasha Estraikh, associate partner, Piper - Eduardo Cannizzo, senior associate, Seedrs You will learn about: - What the current funding landscape looks like - Why startups may struggle / are struggling to secure traditional sources of funding and how they access alternative options - Why it is important to go down the right funding route for your business and at the right time - What goes in to a crowdfunding / angel investing process - Investor advice to founders / CEOs - How the funding and investment landscape might play out over the next 12 months Don't wait any longer and sign up NOW! #webinar #shorttermrentalz #funding #investment #signup

Attention all ambitious founders seeking investment opportunities! Get ready for Pitch&Drink with P2S.vc — a night in London where founders and investors meet under one roof 🚀 This event will feature a speed dating format of pitch-session. Startups will have 2–3 minutes to present their elevator pitch directly to investors, followed by a 6-7 minute Q&A session. Why You Should Join: 👉 Benefit from live pitch reviews and align your startup with investor expectations. 👉 Don't miss this opportunity to make valuable connections and explore funding possibilities! 👉 Connect with a community of like-minded individuals and VCs and gain insights into your next fundraising venture in a relaxed and fun environment. The speed dating part of Pitch&Drink with P2S.vc exclusively for investors and approved startups will start at 6:00 PM. After 8:00 PM, the event will continue with music, drinks, lots of networking, and discussions of the hottest vc news 🍸 Join us on June 3rd!Secure your spot now: https://bit.ly/4alEgpC Pre-seed to Succeed (P2S) is an investment program launched by I2BF Global Ventures, AltaIR Capital, Yellow Rocks!, and Smart Partnership Capital. The P2S is designed for early-stage startups with MVP and first traction and focuses on the following industries: B2B / SaaS, FinTech, AI, Future of Work, Productivity Tools, Digital Health, and HR Tech. The program offers initial funding from participating venture companies, ongoing support from seasoned experts and mentors, and 50% of the next round for proven startups.

Summary: The Artemis Fund, a venture capital fund that supports underrepresented founders, closed its second fund with $36 million in capital commitments. The firm focuses on investing in diverse founders in the fintech, commerce, and care industries and aims to address economic issues that are often overlooked by other VCs. Key takeaways: The Artemis Fund, co-founded by Stephanie Campbell, Diana Murakhovskaya, and Leslie Goldman Tepper, has a portfolio of over 20 companies led by female founders, with over 60% having Black, Latinx, or immigrant leadership. The fund's second round of funding is backed by a group of investors that align with their goal of supporting diversity in entrepreneurship. Despite some progress, VC investment in underrepresented founders and female founders remains stagnant, highlighting the need for more funds like Artemis. Counter arguments: While there has been some progress in terms of female-led startups receiving more capital, the overall number of female-led startups that secured funding actually decreased in recent years. Some argue that focusing on diversity and social impact can negatively affect financial returns, but Artemis aims to prove that these two goals can align and benefit both their investors and the communities these entrepreneurs come from. #venturecapital #startups #tech

Attention all ambitious founders seeking investment opportunities! Get ready for Pitch&Drink with P2S.vc — a night in London where founders and investors meet under one roof 🚀 This event will feature a speed dating format of pitch-session. Startups will have 2–3 minutes to present their elevator pitch directly to investors, followed by a 6-7 minute Q&A session. Why You Should Join: 👉 Benefit from live pitch reviews and align your startup with investor expectations. 👉 Don't miss this opportunity to make valuable connections and explore funding possibilities! 👉 Connect with a community of like-minded individuals and VCs and gain insights into your next fundraising venture in a relaxed and fun environment. The speed dating part of Pitch&Drink with P2S.vc exclusively for investors and approved startups will start at 6:00 PM. After 8:00 PM, the event will continue with music, drinks, lots of networking, and discussions of the hottest vc news 🍸 Join us on June 3rd!Secure your spot now: https://bit.ly/4alEgpC Pre-seed to Succeed (P2S) is an investment program launched by I2BF Global Ventures, AltaIR Capital, Yellow Rocks!, and Smart Partnership Capital. The P2S is designed for early-stage startups with MVP and first traction and focuses on the following industries: B2B / SaaS, FinTech, AI, Future of Work, Productivity Tools, Digital Health, and HR Tech. The program offers initial funding from participating venture companies, ongoing support from seasoned experts and mentors, and 50% of the next round for proven startups.