Many entrepreneurs mistakenly believe that venture capitalists base their choices on founders, projects, and ideas. In reality, they’re more likely to make their decisions based on whether they feel that it’s an industry they should be investing in. Tune in as we discuss how investors approach companies and founders, what we’ve observed in our industry, and how to determine whether or not you should raise money for your project. We also delve into different case studies and evaluate where our own projects, like The Littles and Leveling Up Heroes, stand in the greater scheme of things. For all this, and much more, make sure you tune in today!
TIME-STAMPED SHOW NOTES:
Tweetables:
“It’s the first time in my career where I feel like we are close to being able to raise capital with The Littles, because we have a proven model, we have a great community, and I've been learning a lot more about it. It seems that this industry itself is primed for investment.” — @willxlee [0:01:43]
“I've learned from a top VC not to talk about valuation. It's really about the market. The market dictates valuation.” — @willxlee [0:04:25]
“They're looking for moonshots. They want things that could have multibillion-dollar outcomes.” — @ericosiu [0:05:46]
Links Mentioned in Today’s Episode:
