Learn what VCs actually want, from a founder who’s raised $1B
Investors want founders who understand the financial reality of their business. Messy data, misunderstood metrics, or waiting until you’re nearly out of cash to start fundraising can cost founders leverage, valuation, and even a term sheet. In this episode of Build Mode, host Isabelle Johannessen sits down with Sasha Orloff, founder and CEO of Puzzle […]
VCs seek founders with a clear grasp of their business's financial reality, according to Sasha Orloff, who has led companies to raise over $1 billion in total. In an episode of Build Mode, Orloff discusses the key insights he's gained from his entrepreneurial journey. He explains what investors prioritize during fundraising, the essential financial metrics founders should master, and why VCs don't expect startups to be flawless – they simply require an understanding of their current situation.
Orloff also shares his experience of nearly forfeiting a term sheet due to an unprepared data room, how fundraising diligence evolves as a startup progresses, and why getting one's financial house in order can boost founders' confidence and leverage during the fundraising process. To stay updated, listeners can subscribe to Build Mode on Apple Podcasts, Spotify, or any preferred listening platform, and watch the full episodes on YouTube. New episodes of Build Mode are released every Thursday.
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