Investor Connect Podcast

In this episode, Hall welcomes Paul Sethi of 2048 Ventures. Paul is a co-founder and Managing Partner at 2048 Ventures. For 7+ years prior to 2048 Ventures, Paul was CEO of Redbooks, leading sales data and intelligence platform for the marketing industry (acq. by List Partners - May 2018). He also co-founded Robuzz, an advanced ML/NLP practice, with a real-time alerts and data extraction engine built for enterprise.

Paul has been a first-check angel for over a decade, including in Flexport, SeatGeek, Transfix, Knotel and LearnVest. He serves as an Advisor to Transfix and OpenFortune. Early in his career, he was a public company investor focused on the tech sector.

2048 Ventures is an early stage venture capital firm. They invest in exceptional first-time entrepreneurs who are building businesses differentiated through technology. Based in NYC, and invest in founders from New York, Boston and Emerging Tech Cities.

 

Direct download: Paul_Sethi_of_2048_Ventures.mp3
Category: -- posted at: 4:12pm CST

For early stage funding there are several types of investors.

Angel, VC, Family office, or customer funding.

So which type is right for your deal?

This depends on your type of business, the return and timeframe for that return.

VCs want standard business models in high growth sectors with a 10X return in seven years.

Angels want 3 to 5 times their money in 3 to 5 years and have capital preservation in mind. They often look at businesses in non high-growth sectors.

Family offices are not time sensitive and can be very patient money but do expect outsized returns for that patience. They will also look at businesses in non high-growth sectors.

Potential customers are also candidates to fund your deal by pre paying or buying customized versions of your product. While this is not an investment, the cash earned works like funding to build your business.

In launching your fundraise, consider which investor fits your business type, return, and timeframe.

Thank you for joining us for the Startup Funding Espresso where we help startups and investors connect for funding.

Let’s go startup something today!

Direct download: _Startup_Funding_Espresso_--_What_type_of_investor_should_you_seek.mp3
Category: -- posted at: 9:31pm CST

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