Finance for Startups | Angel Investors, VCs, and Profitability | Andrew Klein
When Andrew Klein was working at an angel investing firm, he saw how startup entrepreneurs struggled to communicate their plans for being financially sound to investors. Now, he has insider advice about what VCs and angel investors really want to see before they’re willing to go All In on your startup.
Press Play for more on:
The Straight Truth: 9 out of 10 businesses fail; and 8/10 times, it’s because of a financial error
Another Straight Truth: Do your customers actually want to buy what you’re selling? Do they HAVE to?
The One Thing: Be your own Angel Investor. If you’re not willing to put your own money into your startup, you’re not All In.
Episode References:
“YC” - Y Combinator
Trilogy - An evergreen venture fund
Apptio - Software to manage your tech finances
Sunny Gupta - Founder of Apptio
To watch the video versions of these episodes: click here, or search All In with Rick Jordan on YouTube!
Connect with Andrew & Zccounting on Facebook, Twitter, or IG @zccounting. You can also find Andrew on LinkedIn, or through the Zccounting website.
Connect with Rick on Instagram, Facebook, Twitter, and LinkedIn (@mrrickjordan)
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Rick’s company: ReachOut IT