Thu, 12 December 2019
In this episode, Hall welcomes Josh Chapman, Managing Partner of Konvoy Ventures. Konvoy Ventures is an early-stage venture capital fund that focuses exclusively on video gaming & esports.
Josh has a background in finance and has worked at both BlackRock and Morgan Stanley. He decided that he wanted to use those skills and be a life cycle company. He then decided to get into the venture space and launch his firm.
Direct download: Josh_Chapman_of_Konvoy.mp3
Category: -- posted at: 4:42pm CDT
Wed, 11 December 2019
I’m often asked where startups should look for funding. There are many sources.
First, start with your family and friends, as they already know you and believe in you.
Second, expand the circle to include current and previous coworkers.
If accelerators are appropriate for your deal, then consider those not only in your geographical area but also in your sector. Most accelerators take companies from across the country. Many are now offering funding of $150K or more.
Third, look for a local network of angel investors.
Fourth, ask around for family office investors in your area. These are high networth individuals who have organized their startup investments into a formal process.
Finally, approach venture capital, but only if you have a deal that fits the VC funding model, which looks for a 10X return, a scalable business model, strong growth and an experienced team.
In summary, it’s best to start with those you know and use their funding to show support and momentum to those further out in your network.
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_--_Where_to_look_for_funding.mp3
Category: -- posted at: 9:41pm CDT