Jason Kirby
Jun 15, 2023
We are excited to announce the release of the latest episode of Fundraising Demystified!
In this episode, Jason Kirby talks to Jeff Beck, CEO and co-founder of Answers Now. Jeff, a licensed clinical social worker, shares his experience of raising an oversubscribed Series A of $11 million for his platform that enables support for autism.
Here are the main topics discussed in the episode:
- Jeff's fundraising journey for his healthcare startup
- Tips and tricks for fundraising, including building relationships with VCs as a first-time founder and diligence potential investors
- Insights into the fundraising landscape and how to succeed
- The complexity of Jeff's business and how they have been able to successfully improve outcomes without the need for in-person visits
- The lessons learned from the convertible note structure
- The challenges of balancing fundraising with running a business
Tips for founders seeking to raise funds Here are some key takeaways from the episode:
- It's important to have a clear idea of how much you want to raise and what you want to use it for
- Focus on telling a strong, compelling story to attract investors
- Pay attention to body language when meeting with investors
- Understand the motives behind investor decisions and be prepared for the unexpected
- Focus on building strong teams, being transparent with customers, and prioritizing mental health
Links mentioned:
AnswersNow website: https://getanswersnow.com
Write to Jeff at jeff@getanswersnow.com
Hosted by Jason Kirby - https://www.linkedin.com/in/jasonrkirby/
Thunder website - https://thunder.vc
Email Jason at jason@thunder.vc Don't forget to hit subscribe for more episodes!!
