#20. Raising capital for startups: how, when – & what venture capitalists look for in a product

Season 2: 'Product development', Episode 8 Raising Capital Is Often A Key Step In The Product Development Cycle Of Startups. If You Need To Raise Capital, How Do You Get Investors Excited Enough To Invest In Your Company? In This Episode A Venture Capitalist, Entrepreneur, and Product Experts Reveal How It's Done. Guest Bios: Ross Gales (https://www.linkedin.com/in/rossgales/) is Director of Design and Strategy at leading product design agency Pollen. (https://pollen.com.au). Carrie Peters (https://www.linkedin.com/in/carriepeters/) is Product Design Principal at product design agency Us Two. (https://www.ustwo.com.au/) Emlyn Scott (https://www.linkedin.com/in/emlynscott/) and venture capitalist and is the founder of CP Ventures (https://cp.ventures/) Mina Radhakrishnan is founder and CEO of 'proptech' platform Different.com.au (https://www.linkedin.com/in/minarad/) and has worked for Google and Uber. What to listen out for: 02:01 How Peloton became one of the most extraordinary growth stories of the decade 10: 40 What are the different stages of raising capital? 11:40 How VCs screen and filter the tons of proposals they receive 19:59 Common mistakes to avoid when raising capital and the opportunities that a lot of founders seem to miss 24:14 Why startup founders should be very clear on their value proposition 29:34 The key metrics VCs are looking for in early-stage companies 31:39 What's the 10X rule? 39:23 Why traction is super important in startups? 43:02 Should you raise capital during a global pandemic? 46:57 Buy Now Pay Later Digital Marketing offer from our sponsor 51:40 NERD UNDER PRESSURE - regular segment with Emlyn Scott Resources and links: Peloton, Masters of Scale https://mastersofscale.com/john-foley/ Peloton story https://www.businessinsider.in/Peloton-is-valued-at-more-than-4-billion-but-CEO-and-cofounder-John-Foley-says-investors-turned-his-pitches-down-for-4-years-These-are-the-reasons-why-he-thinks-they-were-rejected-so-many-times-/articleshow/70897413.cms ***** Enjoyed this podcast? >>>> Please SHARE via text or social media ((!)) Get in touch with us here: https://nerdsofbusiness.com/contact/ You can follow Nerds of Business on socials: Twitter: https://twitter.com/business_nerds Facebook: https://www.facebook.com/nerdsbusiness/ Linked in: https://www.linkedin.com/company/nerds-of-business/