S3E46 - Jay Levy - A VCs Perspective on Building a Business in 2023

My next guest began his tech career back in the 1990’s (high school years) when he built a web design company. In college, he continued using those skills and even built a website for a publicly traded company. After graduating, he worked for a startup, then built and sold a consulting firm, and then eventually started a boutique venture capital firm that currently invests in B2B SaaS companies. In this episode, we talk about what type of founders they look for, how much they invest, and the state of the market in 2023. Please welcome Jay Levy. Key Timecodes (00:52) - Show intro and background history (03:45) - Deeper into his background history and the company he built and sold (05:32) - A bit about the numbers of that transaction (06:41) - What type of B2B SaaS businesses he look for (08:19) - A few more examples of companies under his radar (12:14) - How many employees does his company have (13:17) - Deeper into his business model and strategies (15:19) - His thoughts about the market at this moment (18:56) - How founders can be prepared to the rising funds challenging moment (22:48) - How difficult is to a startup raise funds with venture capitalists (25:54) - A key takeaway from the guest (29:04) - What is the worst advice he ever received (29:26) - What is the best advice he ever received (30:46) - Guest contacts Payback Time Podcast A Podcast on Financial Independence. Hosted by Sean Tepper. If you want to learn how to escape the rat race, create passive income, or achieve financial freedom, you came to the right place.