Funding 101 - Fundraising Resources for Founders

FD Ep. 48 Alex Pattis

Written by Jason Kirby | Jul 4, 2024 11:30:00 AM

How Alex Pattis Raised $75M in 300 Deals by Launching a Syndicate

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How Much Could You Sell Your Company For?

If a private equity firm or strategic acquirer made an offer to you today, would you take it? Would you know if it's a fair deal? Are you in the position to close a deal?

Getting acquired could transform your life.

Founders don't realize that it usually takes 12-24 months to prepare a company for a successful exit, the sooner you have a plan in place, the greater the potential outcome. 

If you want to get acquired, we can help. Book a free discovery call with our team of experts to explore your options and discuss getting a plan in place that could change your life.

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From Sales to Syndicate: Alex Pattis' Journey to Strategic Fundraising

                                   

In this episode, I chat with Alex Pattis, general partner at Riverside Ventures and author of the VC ecosystem newsletter "Last Money In". Alex shares his journey from sales director to launching a syndicate that has completed over 300 deals and deployed $75 million in capital. Alex provides valuable insights into how syndicates operate, their advantages for both founders and investors, and the common pitfalls to avoid. He also discusses the current trends in the syndicate market and offers advice for founders considering working with syndicates.

Here's what you're in for:

  • 04:53 - Demystifying syndicates: Understanding LPs and SPVs
  • 07:54 - The value of syndicates for founders
  • 14:11 - The importance of transparency in the syndicate process
  • 18:37 - Current trends in the syndicate market
  • 32:36 - Common mistakes in the syndicate market
  • 38:01 - Strategic fundraising with Special Purpose Vehicles (SPVs)

ABOUT ALEX PATTIS

Alex Pattis is a seasoned entrepreneur and investor with a diverse background in both operations and venture capital. He is currently a co-founder of Last Money In Media, producing one of the most actionable VC newsletters; focused on explaining Special Purpose Vehicles (SPVs) within the VC ecosystem. He is also a General Partner at Riverside Ventures, an early-stage venture capital firm investing in high-growth technology companies. To date, they have deployed over $70 million. 

Alex's operating background includes nearly a decade of scaling early-stage startups, focusing on growth and commercial strategy. Alex has invested in over 250 companies as a GP at Riverside Ventures. He is passionate about supporting entrepreneurs in the early stages of their businesses. His experience spans both operational and investment roles, giving him a unique perspective on the startup ecosystem.

Connect with Alex Pattis on:

Linkedin: https://www.linkedin.com/in/alex-patt...

Newsletter: https://lastmoneyin.co/ 

Watch it Now

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Let's Connect:

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