Turning down $4M | Unlocking Venture Capital [Video]

Hi everyone!
Today we discuss the sometimes difficult decisions that founders need to make for long term betterment.
As a founder, I myself made the tough decision of turning down a staggering $4 million in funding for my startup because the investor didn’t align with my vision.
In this week’s episode, I discuss the key factors that founders need to consider when taking on investment and choosing investors. Hope you enjoy.

Timestamps:
00:00-00:28: Introduction
00:28-01:50: Introduction to the story of turning down funding for VenturX
01:50-04:22: Networking experiences and encountering different types of investors
04:22-05:49: Reflecting on the decision to turn down funding
05:49-08:22: Importance of making decisions based on alignment and vision
08:22-09:48: Considering the motivations of potential investors
09:48-12:22: Lessons from experiences in venture capital and startup industry
12:22-14:15: Reflecting on challenges in grant applications
14:15-16:09: Lessons learned from grant experiences
16:09-18:15: Importance of diverse experiences and learning from mentors
18:15-19:37: Insights from experiences as a founder
19:37-21:28: Appreciation for the opportunity to share experiences
21:28-End: Conclusion and anticipation for future discussions

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Spotify:

https://podcasters.spotify.com/pod/show/unlocking-venture-capital/episodes/How-Does-a-VC-Fund-Work-e2dh93g/a-aap136a

IG: @unlockingvcpodcast

LinkedIn:
https://www.linkedin.com/company/unlocking-venture-capital/?viewAsMember=true