All Episodes

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The Backchannel
March 20, 2025
8
mins

TBC: The State of the Fundraising Market in 2025

Is pre-seed fundraising harder than ever? In this episode of The Backchannel, we break down how expectations for early-stage startups have shifted. Investors now demand more proof—traction, paying customers, and even product builds—before writing checks. Why? A mix of AI-driven productivity, global talent access, and the lingering effects of the post-ZIRP investment climate. If you’re a founder navigating this new reality, this episode will help you understand what it takes to stand out. Learn how to adapt, leverage AI tools, and make progress without investor capital. Tune in to stay ahead of the curve.

Is pre-seed fundraising harder than ever? In this episode of The Backchannel, we break down how expectations for early-stage startups have shifted. Investors now demand more proof—traction, paying customers, and even product builds—before writing checks. Why? A mix of AI-driven productivity, global talent access, and the lingering effects of the post-ZIRP investment climate. If you’re a founder navigating this new reality, this episode will help you understand what it takes to stand out. Learn how to adapt, leverage AI tools, and make progress without investor capital. Tune in to stay ahead of the curve.
Funded
March 18, 2025
57
mins

How Brian Sheng Closed a $112M Round for Aquaria (Brian Sheng / Aquaria - Ep 55)

Brian Sheng
Aquaria
Funded
Jason Yeh (host)
Sponsors
Contact Us / Misc
  • Reach out to us on social or email me directly at jason@fundedpod.com if you have any questions or would like to share your story with us!
  • If you're looking for more fundraising content, grab my weekly newsletter packed full of strategies and insights around how to raise money: fundedpod.com/newsletter

Raising money isn’t just about convincing investors—it’s about surviving long enough to do it. Brian Sheng, founder of Aquaria, bootstrapped millions of his own dollars, ran relentless product-market fit experiments, and faced rejection after rejection before securing a $112M round to scale his breakthrough water technology. We dive into the toughest moments of his fundraising journey, the insight that finally got investors on board, and the mindset that kept him pushing forward. If you’re a founder struggling to raise capital, this episode is a must-listen.
The Backchannel
March 13, 2025
8
mins

TBC: How to Create Urgency and Set Deadlines in Fundraising

Setting deadlines in fundraising can be a powerful tool—or a costly mistake. In this episode of The BackChannel, we break down how founders should think about creating urgency without scaring off investors. Learn why setting deadlines too early can backfire, how to structure a process that keeps investors engaged, and why a well-placed deadline can actually help VCs prioritize your deal. If you're raising money and wondering how to create momentum without turning investors away, this one's for you.

Setting deadlines in fundraising can be a powerful tool—or a costly mistake. In this episode of The BackChannel, we break down how founders should think about creating urgency without scaring off investors. Learn why setting deadlines too early can backfire, how to structure a process that keeps investors engaged, and why a well-placed deadline can actually help VCs prioritize your deal. If you're raising money and wondering how to create momentum without turning investors away, this one's for you.
The Backchannel
March 6, 2025
7
mins

TBC: What Are the Toughest Questions Asked When Pitching?

Investors love to test founders with tough questions—but what if you don’t know the answer? In this episode, we break down a real pitch meeting where a simple misunderstanding derailed the conversation. Learn how to handle tricky investor questions, when to ask for clarification, and why truly knowing your business makes all the difference.

Investors love to test founders with tough questions—but what if you don’t know the answer? In this episode, we break down a real pitch meeting where a simple misunderstanding derailed the conversation. Learn how to handle tricky investor questions, when to ask for clarification, and why truly knowing your business makes all the difference.
The Backchannel
February 27, 2025
3
mins

TBC: Finding the Perfect Blend of Data and Narrative

In this episode of the Back Channel, we explore the art of storytelling and the balance between hard facts and narrative. A founder’s question sparks a conversation about when to lean on data and when to let the story take center stage. Tune in for thought-provoking insights on crafting compelling narratives without getting bogged down in numbers.

In this episode of the Back Channel, we explore the art of storytelling and the balance between hard facts and narrative. A founder’s question sparks a conversation about when to lean on data and when to let the story take center stage. Tune in for thought-provoking insights on crafting compelling narratives without getting bogged down in numbers.
The Backchannel
February 20, 2025
7
mins

TBC: Are You on the Right Fundraising Path?

Most founders assume venture capital is the only way to fund their startup, but is it really the right path for you? In this episode of The Backchannel, we challenge the default fundraising mindset, breaking down why so many founders skip critical early steps. We'll shares insights on evaluating your real needs, exploring alternative funding options, and learning from those who’ve been in your shoes. Before you start pitching, make sure you’re not heading in the wrong direction.

Most founders assume venture capital is the only way to fund their startup, but is it really the right path for you? In this episode of The Backchannel, we challenge the default fundraising mindset, breaking down why so many founders skip critical early steps. We'll shares insights on evaluating your real needs, exploring alternative funding options, and learning from those who’ve been in your shoes. Before you start pitching, make sure you’re not heading in the wrong direction.
The Backchannel
February 13, 2025
6
mins

TBC: Holding Myself Accountable: 2025 Goals Check-In

In this episode of The Backchannel, I’m sharing some thoughts on goals for the year—what I’m focusing on, what’s working so far, and what still needs improvement. From business to personal challenges, I’m experimenting with new approaches and seeing where they lead. If you’ve set goals for yourself, I’d love to hear them. Let’s keep each other accountable!

In this episode of The Backchannel, I’m sharing some thoughts on goals for the year—what I’m focusing on, what’s working so far, and what still needs improvement. From business to personal challenges, I’m experimenting with new approaches and seeing where they lead. If you’ve set goals for yourself, I’d love to hear them. Let’s keep each other accountable!
The Backchannel
February 6, 2025
5
mins

TBC: Convincing Investors During Slow Growth Phases

How do you convince investors to back you when your company’s growth has been stagnant? In this episode, we explore a question from a founder about breaking through that barrier. We’ll dive into what investors are really looking for, the importance of showing a shift or inflection point in your business, and how to craft a compelling story about the future. Plus, some thoughts on when it’s time to step back and rethink your approach before seeking investment.

How do you convince investors to back you when your company’s growth has been stagnant? In this episode, we explore a question from a founder about breaking through that barrier. We’ll dive into what investors are really looking for, the importance of showing a shift or inflection point in your business, and how to craft a compelling story about the future. Plus, some thoughts on when it’s time to step back and rethink your approach before seeking investment.
The Backchannel
January 30, 2025
6
mins

TBC: Fundraising Advantages... Are They Real?

In this episode of The Backchannel, Jason reflects on his own fundraising experience and breaks down the layers of what it really takes to secure investor commitments. Using his 2017 fundraise as a backdrop, he shares insights on the role of connections, the limits of those advantages, and why getting your foot in the door is just the beginning. Whether you're a founder navigating the challenges of raising capital or just curious about the process, this episode offers a candid look at the dynamics of building relationships, crafting a compelling story, and making your pitch count.

In this episode of The Backchannel, Jason reflects on his own fundraising experience and breaks down the layers of what it really takes to secure investor commitments. Using his 2017 fundraise as a backdrop, he shares insights on the role of connections, the limits of those advantages, and why getting your foot in the door is just the beginning. Whether you're a founder navigating the challenges of raising capital or just curious about the process, this episode offers a candid look at the dynamics of building relationships, crafting a compelling story, and making your pitch count.
Funded
January 28, 2025
53
mins

How Andrés Ornelas Vargas Closed a $2.2M Round for Verve Market (Andrés Ornelas Vargas / Verve Market - Ep 54)

Andrés Ornelas Vargas
Verve Market
Funded
Jason Yeh (host)
Sponsors
Contact Us / Misc
  • Reach out to us on social or email me directly at jason@fundedpod.com if you have any questions or would like to share your story with us!
  • If you're looking for more fundraising content, grab my weekly newsletter packed full of strategies and insights around how to raise money: fundedpod.com/newsletter

In this episode, we sit down with Andrés Ornelas Vargas, founder of Verve, to discuss his journey from 150 investor conversations to closing a $2.2M round. Andrés dives into the challenges of breaking through preconceptions, the lessons learned from crafting the perfect pitch, and the personal story behind Verve's mission to revolutionize dietary management. He also shares how his analytical mindset both helped and hindered him during the fundraising process, and why persistence and adaptability ultimately made all the difference. A must-listen for any founder navigating the ups and downs of fundraising.
The Backchannel
January 23, 2025
6
mins

TBC: The NEW Bar for Raising Pre-Seed Rounds

This episode of The Backchannel breaks down how the expectations for early-stage founders have shifted in the AI era. Inspired by a conversation with Jeff Bussgang—Harvard Business School professor and author of The Experimentation Machine—we explore what venture capitalists are looking for before investing. From validating your idea to leveraging AI and affordable global talent, the bar for getting to product-market fit is higher than ever. If you're building a startup or gearing up to raise funding, this episode lays out what it takes to stand out.

This episode of The Backchannel breaks down how the expectations for early-stage founders have shifted in the AI era. Inspired by a conversation with Jeff Bussgang—Harvard Business School professor and author of The Experimentation Machine—we explore what venture capitalists are looking for before investing. From validating your idea to leveraging AI and affordable global talent, the bar for getting to product-market fit is higher than ever. If you're building a startup or gearing up to raise funding, this episode lays out what it takes to stand out.
The Backchannel
January 16, 2025
6
mins

TBC: Happy New Year Supercharging Tip!

In this New Year’s episode of The Back Channel, we talk about the power of simple outreach and why reconnecting with your network can be the best business development move for the year ahead. Drawing from personal stories and founder advice, we explore the impact of small, thoughtful gestures—like a quick “Happy New Year” note—and how they open doors for future opportunities, from fundraising to partnerships. Whether you're looking to raise capital or strengthen connections, this episode covers practical tips to kickstart your year with intention and momentum.

In this New Year’s episode of The Back Channel, we talk about the power of simple outreach and why reconnecting with your network can be the best business development move for the year ahead. Drawing from personal stories and founder advice, we explore the impact of small, thoughtful gestures—like a quick “Happy New Year” note—and how they open doors for future opportunities, from fundraising to partnerships. Whether you're looking to raise capital or strengthen connections, this episode covers practical tips to kickstart your year with intention and momentum.
The Backchannel
January 9, 2025
7
mins

TBC: Should You REALLY Be Raising From VCs?

In this episode of The Backchannel, we ask a critical question for founders: Should you actually be raising venture capital?

We break down why most founders chasing VC money are doing it for the wrong reasons—whether it's validation, peer pressure, or simply not knowing other options. We also explore two common categories of founders who mistakenly pursue VC dollars and share practical ways to rethink your funding strategy.

If you’ve ever considered raising venture capital, this episode will challenge you to reflect on your motivations and explore smarter, more sustainable ways to build and grow your business.

In this episode of The Backchannel, we ask a critical question for founders: Should you actually be raising venture capital? We break down why most founders chasing VC money are doing it for the wrong reasons—whether it's validation, peer pressure, or simply not knowing other options. We also explore two common categories of founders who mistakenly pursue VC dollars and share practical ways to rethink your funding strategy. If you’ve ever considered raising venture capital, this episode will challenge you to reflect on your motivations and explore smarter, more sustainable ways to build and grow your business.
The Backchannel
January 2, 2025
9
mins

TBC: The Power of Closing Dates in Fundraising

In this episode of The Backchannel, we break down the concept of closing dates in fundraising and why they’re a powerful psychological tool rather than a legal requirement. Learn how closing dates create urgency, push investors to commit, and help fundraisers organize their rounds effectively. Whether you're a startup founder or a fund manager, this episode will help you understand how to set and communicate closing dates to drive decisions and close your round with confidence.

In this episode of The Backchannel, we break down the concept of closing dates in fundraising and why they’re a powerful psychological tool rather than a legal requirement. Learn how closing dates create urgency, push investors to commit, and help fundraisers organize their rounds effectively. Whether you're a startup founder or a fund manager, this episode will help you understand how to set and communicate closing dates to drive decisions and close your round with confidence.
The Backchannel
December 26, 2024
6
mins

TBC: High Valuations vs. Simple Structure

In this episode of The Backchannel, we dive into the trade-offs between maximizing valuation and keeping deal terms simple. Whether you're a founder chasing a higher valuation or an investor protecting optics, adding deal structure can have long-term implications. Learn why simplicity often wins in the end and how complex terms like liquidation preferences, warrants, and dilution protections can create friction for future rounds. Tune in to hear why aiming for a clean deal benefits everyone in the long run.

In this episode of The Backchannel, we dive into the trade-offs between maximizing valuation and keeping deal terms simple. Whether you're a founder chasing a higher valuation or an investor protecting optics, adding deal structure can have long-term implications. Learn why simplicity often wins in the end and how complex terms like liquidation preferences, warrants, and dilution protections can create friction for future rounds. Tune in to hear why aiming for a clean deal benefits everyone in the long run.
Funded
December 24, 2024
60
mins

How John Patrick Mullin Closed a $11M Round for MANTRA (John Patrick Mullin / MANTRA)

John Patrick Mullin
MANTRA
Funded
Jason Yeh (host)
Sponsors
Contact Us / Misc
  • Reach out to us on social or email me directly at jason@fundedpod.com if you have any questions or would like to share your story with us!
  • If you're looking for more fundraising content, grab my weekly newsletter packed full of strategies and insights around how to raise money: fundedpod.com/newsletter

In this episode of Funded, we sit down with John Patrick Mullin, founder of MANTRA, to explore the realities of raising capital in the volatile world of crypto. JP shares his journey through early career pivots, the highs and lows of building a blockchain startup, and the challenges of launching tokens while navigating market skepticism. He opens up about raising $11M during one of crypto's toughest winters, managing investor relationships, and aligning token and equity strategies. Whether you're a founder curious about crypto fundraising or fascinated by the intersection of finance and innovation, this episode offers a raw and inspiring look at resilience and reinvention.
The Backchannel
December 19, 2024
7
mins

TBC: Mastering Final VC Meetings

In this episode of The Backchannel, we explore how to prepare for final VC meetings, what investors are really looking for, and how to handle the pressure of tough questions. Whether you're a first-time founder or a seasoned entrepreneur, this episode is packed with actionable insights to help you close the deal with confidence.

In this episode of The Backchannel, we explore how to prepare for final VC meetings, what investors are really looking for, and how to handle the pressure of tough questions. Whether you're a first-time founder or a seasoned entrepreneur, this episode is packed with actionable insights to help you close the deal with confidence.
The Backchannel
December 12, 2024
8
mins

TBC: How to Build Momentum During a Fundraise

In this episode of The Backchannel, we explore strategies to help a founder turn investor interest into momentum during a challenging fundraise. From avoiding reliance on a single viral moment to showcasing consistent progress, we discuss practical ways to create the perception of unstoppable growth. Whether you’re pitching now or planning your next round, this episode offers sharp, actionable insights for closing strong.

In this episode of The Backchannel, we explore strategies to help a founder turn investor interest into momentum during a challenging fundraise. From avoiding reliance on a single viral moment to showcasing consistent progress, we discuss practical ways to create the perception of unstoppable growth. Whether you’re pitching now or planning your next round, this episode offers sharp, actionable insights for closing strong.
The Backchannel
December 5, 2024
7
mins

TBC: Why Raise From Angels PART TWO

In this episode of The Backchannel, we talk about the realities of raising capital and why many founders may not be ready for venture funding. Instead, we explore the often-overlooked world of angel investing—who angel investors are, how to find them, and how to tailor your pitch to different types of angels. Whether you’re building a billion-dollar startup or a sustainable small business, this episode offers a practical playbook on how to secure early-stage funding.

In this episode of The Backchannel, we talk about the realities of raising capital and why many founders may not be ready for venture funding. Instead, we explore the often-overlooked world of angel investing—who angel investors are, how to find them, and how to tailor your pitch to different types of angels. Whether you’re building a billion-dollar startup or a sustainable small business, this episode offers a practical playbook on how to secure early-stage funding.
The Backchannel
November 28, 2024
7
mins

TBC: Why Founders Should Consider Raising From Angels

In this episode of The Backchannel, Jason unpacks why many founders struggle to raise capital in today’s cautious VC environment and offers alternative strategies to keep momentum. Learn how to tap into angel investors, leverage AI, and access global talent to build traction on a lean budget. Tune in to hear how you can turn obstacles into opportunities—and don’t miss the next episode, where Jason breaks down the art of pitching to angel investors.

In this episode of The Backchannel, Jason unpacks why many founders struggle to raise capital in today’s cautious VC environment and offers alternative strategies to keep momentum. Learn how to tap into angel investors, leverage AI, and access global talent to build traction on a lean budget. Tune in to hear how you can turn obstacles into opportunities—and don’t miss the next episode, where Jason breaks down the art of pitching to angel investors.
Funded
November 26, 2024
62
mins

How Ron Belldegrun Closed a $95M Series C for ByHeart (Ron Bellegrum / ByHeart)

Ron Belldegrun
ByHeart
Funded
Jason Yeh (host)
Sponsors
Contact Us / Misc
  • Reach out to us on social or email me directly at jason@fundedpod.com if you have any questions or would like to share your story with us!
  • If you're looking for more fundraising content, grab my weekly newsletter packed full of strategies and insights around how to raise money: fundedpod.com/newsletter

In this episode, Ron Belldegrun, co-founder of ByHeart, shares how he raised over $300 million to transform the infant formula industry with cutting-edge science and a vertically integrated supply chain. Ron dives into his experience navigating the fundraising landscape, balancing the expectations of consumer and life science investors, and winning support for a mission-driven product in a highly regulated space. He talks candidly about the challenges of pitching a long-term vision, securing buy-in from top investors, and the critical role his existing investors played in scaling ByHeart’s groundbreaking approach. If you’re curious about how to raise significant capital while staying true to your mission and values, this is a must-listen.
The Backchannel
November 14, 2024
8
mins

TBC: The Importance of Jumping on Planes

In this episode of The Backchannel, we explore why making in-person connections can be a game-changer for founders. Recorded on location in Austin, Texas, Jason shares insights sparked by his own travel experiences, focusing on why meeting face-to-face can have a major impact on relationship-building, especially when it comes to securing investments.

In this episode of The Backchannel, we explore why making in-person connections can be a game-changer for founders. Recorded on location in Austin, Texas, Jason shares insights sparked by his own travel experiences, focusing on why meeting face-to-face can have a major impact on relationship-building, especially when it comes to securing investments.
The Backchannel
October 31, 2024
7
mins

TBC: Likability vs. Brilliance

In this episode of The Backchannel, we're dropping a quick but essential take on balancing brilliance and likability and how both play into the fundraising game. We revisit a core concept from a past episode: time given – time to interest. If your brilliance gets investors hooked fast, you don’t need as much relationship-building. But if it takes longer to spark that interest, likability becomes your best tool for buying more time. We also talk about how being difficult, even if you’re brilliant, can close doors.

In this episode of The Backchannel, we're dropping a quick but essential take on balancing brilliance and likability and how both play into the fundraising game. We revisit a core concept from a past episode: time given – time to interest. If your brilliance gets investors hooked fast, you don’t need as much relationship-building. But if it takes longer to spark that interest, likability becomes your best tool for buying more time. We also talk about how being difficult, even if you’re brilliant, can close doors.
Funded
October 29, 2024
62
mins

How Curtis Northcutt Closed a $25M Series A for Cleanlab (Curtis Northcutt / Cleanlab)

Curtis Northcutt
CleanLab
Funded
Jason Yeh (host)
Sponsors
Contact Us / Misc
  • Reach out to us on social or email me directly at jason@fundedpod.com if you have any questions or would like to share your story with us!
  • If you're looking for more fundraising content, grab my weekly newsletter packed full of strategies and insights around how to raise money: fundedpod.com/newsletter

More about Cleanlab

What they do: Cleanlab is an AI infrastructure company that transforms messy enterprise data into a high-quality AI knowledge base — handling everything from ETL and chunking to de-duplication and curation. Quickly deploy policy-adherent, safe, and accurate Agent/RAG applications without data headaches. Use cases include customer support automation, "chat with my docs" product support, and enterprise search. Cleanlab's forward deployed engineers customize this knowledge curation and GenAI solutions to fit your needs. Unlock reliable AI solutions 10x faster powered by Cleanlab's AI infrastructure.
Who they are: Cleanlab, founded by three MIT PhDs who are pioneers in data-centric AI, is the global leader in knowledge curation for enterprise AI systems. Our founders--Curtis Northcutt (CEO), inventor of Confident Learning and recipient of the MIT thesis award and the 5-year Test of Time AI award; Anish Athalye (CTO), an ICML Best Paper awardee with 35,000+ GitHub stars; and Jonas Mueller (Chief Scientist), creator of AWS's AutoML used by thousands of companies-- bring expertise from OpenAI, Google, Amazon, Microsoft, and Meta. Collectively cited over 15,000 times, they've been instrumental in advancing AI systems like Alexa, Siri, Google Assistant, Oculus VR, and AWS services. Cleanlab has received several industry awards such as the 2024 Forbes AI Top 50, 2023 CB Insights GenAI Top 50, and 2024 CB Insights AI Top 100. Trusted by over 100 Fortune 500 companies and backed by leading investors like Menlo Ventures, Bain Capital, and Databricks Ventures, Cleanlab specializes in delivering accurate, policy-compliant GenAI solutions by curating and structuring enterprise data.

In this episode, Curtis Northcutt, MIT PhD and founder of Cleanlab, shares his compelling journey from rural Kentucky to raising $25 million from Menlo Ventures and Bain Capital. Curtis reflects on the challenges of growing up with limited opportunities, the loneliness of dreaming big in a small town, and how those experiences ignited his drive to build something meaningful. He also dives into the complexities of raising capital during a downturn, balancing investor relationships, and making tough decisions about dilution. With a mix of personal stories, sharp insights, and practical advice, this episode offers a behind-the-scenes look at what it takes to build a startup from scratch and scale it with purpose.
The Backchannel
October 24, 2024
6
mins

TBC: How Anxiety Ruins Warm Intros

In this episode of The Backchannel, we're diving into the role anxiety plays in fundraising, especially when it comes to warm introductions with investors. If you’ve ever hesitated to reach out to old contacts or second-guessed your follow-ups, this one's for you.

Jason unpacks the three stages where anxiety can creep in: identifying who to contact, crafting outreach messages, and handling follow-ups.

He offers practical tips to overcome these mental blocks and replace hesitation with confidence, making your outreach more effective and less stressful.

Tune in to learn how to reframe your mindset and make those vital connections without second-guessing yourself.

In this episode of The Backchannel, we're diving into the role anxiety plays in fundraising, especially when it comes to warm introductions with investors. If you’ve ever hesitated to reach out to old contacts or second-guessed your follow-ups, this one's for you.
The Backchannel
October 17, 2024
7
mins

TBC: GPs Have Trouble Raising Too

In this episode of The Backchannel, we’re talking about how VCs need to raise money too, not just startups.

We break down what it’s like for venture capitalists to get funding from limited partners (LPs) and why it’s not always easy, especially for smaller funds.

We also touch on how some VCs don’t put as much effort into fundraising as they expect from founders.

This episode serves as a way to remind everyone that, just like startups, VCs need to always be building relationships and raising money.

In this episode of The Backchannel, we’re talking about how VCs need to raise money too, not just startups.
The Backchannel
October 10, 2024
4
mins

TBC: How to Build Awareness as a Founder the Right Way

In this episode, we dive into the concept of awareness for founders, focusing on how to effectively create it.

We discuss different strategies to build visibility that feels genuine and impactful, rather than forced or overly targeted.

This episode serves as a reminder that it's all about positioning ourselves in a way that naturally draws in interest and makes us stand out for the right reasons.

This kind of awareness ultimately makes all the difference in how others perceive our business, especially when it matters most.

In this episode, we dive into the concept of awareness for founders, focusing on how to effectively create it.
The Backchannel
October 3, 2024
8
mins

TBC: How to Handle the Heat of an Investor Pitch

In this episode of The Backchannel, we talk about handling the pressure of investor pitches.

Many founders feel anxious about facing tough questions from investors, but it’s important to understand that these questions often come from genuine interest, not an attempt to catch you off guard.

We explore why investors ask challenging questions and how to reframe them as opportunities.

We also touch on how your existing knowledge and experience can help you confidently navigate these conversations, even when you don’t have every answer.

The key takeaway: it’s a conversation, not an interrogation.

In this episode of The Backchannel, we talk about handling the pressure of investor pitches.
Funded
October 1, 2024
68
mins

How Teasha Cable Closed a $1M Seed Round for CModel (Teasha Cable / CModel)

Teasha Cable
CModel Data
Funded
Jason Yeh (host)
Sponsors
Contact Us / Misc
  • Reach out to us on social or email me directly at jason@fundedpod.com if you have any questions or would like to share your story with us!
  • If you're looking for more fundraising content, grab my weekly newsletter packed full of strategies and insights around how to raise money: fundedpod.com/newsletter
After bootstrapping her company for months, Teasha Cable, founder and CEO of CModel decided it was time to raise. But early on, the rejections came in hard. Instead of giving up or getting offended, she learned from each rejection, tweaked her approach, and started executing on what investors wanted to see. After a lot of trial and error, she locked down a lead investor in the Alabama Futures Fund that ended up leading her to close a $1M seed round in a not-so-easy market. But even then, it took six more months of grinding to fully close the round. That persistence, though, wasn’t something new for her. In this episode you'll hear the story behind how she became the entpreneur we see today, and how she closed her $1M seed round for CModel.
The Backchannel
September 26, 2024
9
mins

TBC: Types & Motivations of Angel Investors

In this episode of The Backchannel, we explore the different types of angel investors you’re likely to encounter early on in your startup journey.

We dive into the factors that define these investors—ranging from their wealth to their level of sophistication—and how their motivations shape their involvement.

Whether you’re seeking strategic support or just looking to raise capital, understanding these dynamics can help you navigate which angels to bring on board and which ones to avoid.

Listen in to learn how to approach angel investors and align with their expectations.

In this episode of The Backchannel, we explore the different types of angel investors you’re likely to encounter early on in your startup journey.
The Backchannel
September 19, 2024
9
mins

TBC: Unpacking Uncapped SAFEs

In this episode of The Backchannel, we explore the ins and outs of valuation caps and uncapped SAFEs.

Many founders toss around terms like valuation caps without fully understanding their impact, and we’re here to break it down.

We’ll dive into why some investors and founders are drawn to uncapped SAFEs, the potential risks involved, and when this type of funding structure might actually make sense.

Tune in to learn why this approach can be tricky for both sides and how to navigate these waters with more confidence.

In this episode of The Backchannel, we explore the ins and outs of valuation caps and uncapped SAFEs. Many founders toss around terms like valuation caps without fully understanding their impact, and we’re here to break it down.
The Backchannel
September 12, 2024
10
mins

TBC: Valuations, SAFEs & Convertible Notes Explained

In this episode of The Back Channel, Jason tackles the often misunderstood concept of valuation caps in fundraising.

He walks through what a valuation cap is, how it works, and its role in SAFE agreements and convertible notes.

Jason explains how these caps affect the conversion of investments into equity during future funding rounds, and covers the difference between pre-money and post-money valuation caps.

The goal is to help founders better grasp the math behind the numbers, so they can navigate their fundraising with more clarity and confidence.

In this episode of The Back Channel, Jason tackles the often misunderstood concept of valuation caps in fundraising. He walks through what a valuation cap is, how it works, and its role in SAFE agreements and convertible notes.
Funded
September 10, 2024
53
mins

How Michael Diesu Closed a $2.5M Seed Round for Revenue Roll (Michael Diesu / Revenue Roll)

Michael Diesu
Revenue Roll
Funded
Jason Yeh (host)
Sponsors
Contact Us / Misc
  • Reach out to us on social or email me directly at jason@fundedpod.com if you have any questions or would like to share your story with us!
  • If you're looking for more fundraising content, grab my weekly newsletter packed full of strategies and insights around how to raise money: fundedpod.com/newsletter  

Entrepreneurship is unpredictable—just when you think you’ve got it all mapped out, you're hit with a tough choice between two very different paths. One feels safe and familiar, while the other is full of potential, uncertainty, and risk. Every founder faces that pivotal moment: Do you play it safe, or take the leap? Today’s guest, Michael Diesu, co-founder and CEO of Revenue Roll, knows this dilemma all too well. From diving headfirst into the startup world against conventional advice to navigating a cooling fundraising market, he's made those tough calls more than once. Revenue Roll recently raised a $2.5M seed round led by Innovating Capital in late 2023—an impressive feat in one of the toughest fundraising climates in years. In this episode, we dive into Michael's journey, unpack his big wins, hard-learned lessons, and get an inside look at how he closed that seed round. But first, we rewind to the early days—because those initial decisions? They set the stage for everything that follows.
The Backchannel
September 5, 2024
9
mins

TBC: Revisiting Post-Money vs Pre-Money Cap SAFEs

In this episode of The Backchannel, we revisit a fundamental topic that every founder should understand: post-money cap SAFEs and their implications. Starting with a refresher on the basics of post-money versus pre-money valuations, the discussion then moves into how these financial instruments impact founder ownership and why they can be tricky. Listeners will gain insights into the dynamics of post-money caps, particularly the hidden complexities that can affect a company’s valuation during fundraising. Whether you’re a new founder or just need a refresher, this episode sheds light on the often misunderstood aspects of post-money caps and offers practical advice for navigating them. Listen in to better understand how to protect your stake in your company.

In this episode of The Backchannel, we revisit a fundamental topic that every founder should understand: post-money cap SAFEs and their implications.
The Backchannel
August 29, 2024
11
mins

TBC: Investor Lists & Launching a Fundraise (HOW TO)

In this episode of The Backchannel, Jason dives into one of the most overlooked yet essential tasks in fundraising: building your target investor list.

He breaks down why so many founders avoid this work—it’s time-consuming, tedious, and can be confusing. But also emphasizes its importance and offers a step-by-step guide on how to tackle it effectively.

From researching top-down and bottoms-up investor lists to mapping out connections and crafting the right emails, Jason covers it all. He also shares tips on how to stay organized and maintain momentum throughout the process.

Whether you’re overwhelmed by the idea of reaching out to investors or just need a solid strategy, this episode has the actionable advice you need to get started.

In this episode of The Backchannel, Jason dives into one of the most overlooked yet essential tasks in fundraising: building your target investor list.
Funded
August 27, 2024
53
mins

How Christal Wang Closed a $2.2M Seed Round for Shimmer (Christal Wang / Shimmer)

Christal Wang
Shimmer
Funded
Jason Yeh (host)
Sponsors
Contact Us / Misc
  • Reach out to us on social or email me directly at jason@fundedpod.com if you have any questions or would like to share your story with us!
  • If you're looking for more fundraising content, grab my weekly newsletter packed full of strategies and insights around how to raise money: fundedpod.com/newsletter  

Fundraising can be both the most aggravating and comforting part of a founder’s journey. It only takes one “yes” to change everything, but getting there often means facing a mountain of “no’s.” Not every founder has the resilience to push through the rejection, but those who do often find success right when they’re ready to give up. In today’s episode, I chat with Christal Wang, co-founder and CEO of Shimmer, the top ADHD coaching platform for adults. Christal shares her journey from YC to closing a successful pre-seed round, and how she navigated the challenges of raising a $2.2M seed round after a major pivot. We dive into the emotional toll of fundraising, the importance of perseverance, and how a single “yes” can make every rejection worthwhile.
The Backchannel
August 22, 2024
8
mins

TBC: What Do Pre-Seed & Seed Rounds Look Like in This Market?

In this episode of The Backchannel, we dive into a topic that’s been on a lot of founders’ minds: the difference between pre-seed and seed rounds in today’s shifting market.

We explain how the definitions and expectations for these funding stages have evolved, especially after the wild fluctuations caused by events like ZIRP and the SVB collapse.

We break down what VCs are now looking for in pre-seed deals and seed deals in the current market.

We also address common questions, like whether you can use the same pitch deck for both rounds and the role of institutional investors in pre-seed funding.

Listen to the full episode to hear more!

In this episode of The Backchannel, we dive into a topic that’s been on a lot of founders’ minds: the difference between pre-seed and seed rounds in today’s shifting market.
Funded
August 15, 2024
60
mins

How Orri Bogdan Raised a $2M Seed Round for VAE Labs (Orri Bogdan / VAE Labs)

Orri Bogdan
VAE Labs
Funded
Jason Yeh (host)
Sponsors
Contact Us / Misc
  • Reach out to us on social or email me directly at jason@fundedpod.com if you have any questions or would like to share your story with us!
  • If you're looking for more fundraising content, grab my weekly newsletter packed full of strategies and insights around how to raise money: fundedpod.com/newsletter  

In this episode, we explore the realities of fundraising with Orri Bogdan, Founder and CEO of VAE Labs. Like many founders before him, Orri’s journey to raising a $2M seed round was fraught with challenges. From losing co-founders to product failures and numerous rejections from VCs, Orri faced it all. Yet, he persevered by immersing himself in founder communities, forging connections, and eventually securing funding from Draper Associates. Orri’s story is a testament to the grit and determination required to succeed in the startup world. Before we hear Orri’s inspiring story of resilience and success, we’ll explore what led him to become the determined founder he is today.
The Backchannel
August 15, 2024
8
mins

TBC: Why You Need Deadlines for Your Raise

In this episode of The Backchannel, the focus is on the critical role deadlines play in successful fundraising efforts. Deadlines can create a sense of scarcity and urgency, helping founders manage and control the fundraising process more effectively. By setting clear deadlines for meetings and feedback, founders can signal to investors that there are other interested parties and maintain a balance of power. Additionally, using deadlines tactfully, combining firmness with politeness, ensures they are respected without appearing overly aggressive. Deadlines also help investors prioritize opportunities, ultimately benefiting both parties. Applying the concept of deadlines beyond fundraising can improve overall efficiency and effectiveness.

In this episode of The Backchannel, the focus is on the critical role deadlines play in successful fundraising efforts.
The Backchannel
August 8, 2024
12
mins

TBC: How To Show VCs Traction

In this episode of The Back Channel, we explore a critical topic for founders: showcasing traction to VCs.

Jason does another mailbag answering questions submitted by founders worldwide, exploring topics like how macroeconomic conditions impact investor targets, the importance of presenting meaningful metrics, and strategies for highlighting your unique traction.

We also discuss key red flags to avoid and tips on effectively presenting growth without setting unrealistic expectations.

Listen in for actionable insights and advice to enhance your fundraising efforts!

In this episode of The Back Channel, we explore a critical topic for founders: showcasing traction to VCs.
The Backchannel
August 1, 2024
14
mins

TBC: Answering Founders Questions About The Fundraising Process

In this episode of The Backchannel, we revisit a popular topic among founders: how to create efficient fundraising processes.

We address several questions submitted by founders, exploring various aspects of the fundraising journey.

Our discussion covers strategies for improving investor outreach, managing communications, and maintaining momentum throughout the process.

We also touch on common challenges founders face and offer general advice on approaching investor interactions.

This Q&A format allows us to provide targeted insights on the specific concerns many founders have when it comes to fundraising efficiently.

If you have questions for us that you want answered in a future episode, make sure to send us an email or shoot us a DM on any of our socials!

In this episode of The Backchannel, we revisit a popular topic among founders: how to create efficient fundraising processes. We address several questions submitted by founders, exploring various aspects of the fundraising journey.
Funded
July 30, 2024
60
mins

How Coco Brown Raised $2.5M in Venture Capital for Athena Alliance (Coco Brown / Athena Alliance)

Coco Brown
Athena Alliance
Funded
Jason Yeh (host)
Sponsors
Contact Us / Misc
  • Reach out to us on social or email me directly at jason@fundedpod.com if you have any questions or would like to share your story with us!
  • If you're looking for more fundraising content, grab my weekly newsletter packed full of strategies and insights around how to raise money: fundedpod.com/newsletter  
In this episode, we sit down with Coco Brown, founder of Athena Alliance, to discuss her journey of transforming a nonprofit into a venture-backed enterprise and successfully raising $2.5M in funding. Coco shares her experience with the challenging fundraising climate of 2023 and how she navigated countless investor rejections. She talks about the pivotal moment when one investor’s commitment turned things around and how that single yes sparked a wave of support. We explore her strategies for capital efficiency, the importance of community, and the innovative approaches she took to secure funding. Listeners will gain insights into the realities of raising capital, the power of perseverance, and the impact of having a strong network. Coco's story is a testament to the resilience and creativity required to succeed in the startup world.
The Backchannel
July 25, 2024
8
mins

TBC: How Do I handle Inbound Interest From VCs?

In this episode, we're tackling an important startup scenario: unexpected VC interest. We'll be answering a question Jason received from a founder who received an out-of-the-blue email from an investor. We'll also some practical tips on how to handle these situations smoothly, including ways to maintain control of the conversation and your timeline, the benefits of not immediately jumping into fundraising mode, how to research potential investors, and what to prepare (spoiler: less than you might think) for initial meetings. Plus, we'll give you some pointers on transitioning from casual chats to formal fundraising when you're ready. Whether you're new to the startup world or a seasoned pro, this episode has some valuable insights you can put to use.

In this episode, we're tackling an important startup scenario: unexpected VC interest.
The Backchannel
July 18, 2024
12
mins

TBC: 5 Controversial Fundraising Ideas

In this episode of The Back Channel, we dive into five thought-provoking strategies to elevate your fundraising game while challenging existing advice.

We explore concepts like pitch deck templates, riskiness of your idea, seeking rejection, tiering investors, and fundraising preparation.

Join us as we challenge norms and empower you to refine your fundraising tactics effectively.

In this episode of The Back Channel, we dive into five thought-provoking strategies to elevate your fundraising game while challenging existing advice.
Funded
July 16, 2024
57
mins

How Brian Raymond Raised $65 Million in Funding for Unstructured IO (Brian Raymond / Unstructured IO)

Brian Raymond
Catch+Release
Funded
Jason Yeh (host)
Sponsors
Contact Us / Misc
  • Reach out to us on social or email me directly at jason@fundedpod.com if you have any questions or would like to share your story with us!
  • If you're looking for more fundraising content, grab my weekly newsletter packed full of strategies and insights around how to raise money: fundedpod.com/newsletter  

A lot of entrepreneurs take risks when they're young and have nothing to lose. For others, it's a different story. Maybe they found their dream job, started a family, bought a house, and then something happens that completely throws them off course. Today's guest was one of those people. After an unexpected situation, he decided to take a chance and start a company he saw an opportunity for back at his previous job in AI. It ended up being a good chance to take. Today we're speaking with Brian Raymond, first time founder and CEO of Unstructured IO, a company that's connecting enterprise data to LLMs. And we have to say... his story is wild. In 2 years, Brian's managed to raise $65 million dollars in venture capital across three rounds. The most recent of those being a $40M Series B led by Menlo Ventures. Brians journey into entrepreneurship was unique, but also one I think a lot of you listening will be able to relate to.
The Backchannel
July 11, 2024
8
mins

TBC: Why Smart People Struggle With Fundraising

In this episode of The Backchannel, the focus is on why intelligent individuals often struggle with pitching to investors.

The discussion includes the common pitfalls such as overemphasizing data, battling imposter syndrome, and the tendency to overcomplicate pitches to prove intelligence.

The importance of simplicity, emotional connection, and embracing rejection as part of the fundraising process is  also highlighted.

Overall, the episode provides valuable insights and strategies for intelligent founders to improve their pitching skills.

In this episode of The Backchannel, the focus is on why intelligent individuals often struggle with pitching to investors.
The Backchannel
July 4, 2024
15
mins

TBC: Answering Founders Questions About Pitch Decks

In this episode of The Backchannel, Jason answers 5 questions submitted by founders about pitch decks and pitching strategies.

During the episode, he highlights the importance of simplicity and clarity in both deck design and delivery.

Jason also discusses balancing design and content, conveying a compelling vision, and avoiding information overload.

On top of that he also touches on effective communication in short pitches and the strategic use of competition slides.

Make sure to listen to hear his full answers!

In this episode of The Backchannel, Jason answers 5 questions submitted by founders about pitch decks and pitching strategies.
Funded
July 2, 2024
57
mins

How Analisa Goodin Raised Over $31 Million in Funding for Catch+Release (Analisa Goodin / Catch+Release)

Analisa Goodin
Catch+Release
Funded
Jason Yeh (host)
Sponsors
Contact Us / Misc
  • Reach out to us on social or email me directly at jason@fundedpod.com if you have any questions or would like to share your story with us!
  • If you're looking for more fundraising content, grab my weekly newsletter packed full of strategies and insights around how to raise money: fundedpod.com/newsletter  

When all you've ever known is running a bootstrapped startup... the world of venture capital can feel pretty intimidating. Bootstrapping a company is an extreme sport, and so is going down the path of venture capital - but each path is completely different from one another. You might have been able to build an amazing company that you believe can be huge (with the help of venture dollars), but without understanding how the game of venture capital actually works - you're at a huge disadvantage. Today's guest Analisa Goodin, founder and CEO of Catch+Release knew this and decided to be proactive about it. Way before she went out to raise her first of three successful rounds, she became a relentless networker which over time, led her to conversations with VCs getting her to learn the space. Clearly, something clicked because Catch+Release has now raised over $31M in venture capital. Listen to the full episode to hear more details on her most recent rounds as well as advice she has for up-and-coming founders looking to raise capital.
The Backchannel
June 27, 2024
9
mins

TBC: Understanding VC Signals

VC signals can be tricky. A lot of them are deeply intertwined with social dynamics and can change investor interest in a matter of seconds.

In this episode, Jason shares a recent example of how fast negative signaling can impact a deal.

Listen to the full episode to learn about different types of VC signals and how you can use them to help you raise your round!

VC signals can be tricky. A lot of them are deeply intertwined with social dynamics and can change investor interest in a matter of seconds.
The Backchannel
June 20, 2024
9
mins

TBC: Answering Your Questions About Getting Passed On

Welcome back to The Backchannel! In this episode, we're trying out a new format where we dive into your burning questions about how founders should navigate investor passes. Join Jason as he addresses the following questions:

- Should you send a follow-up email after a pass? How soon is too soon to follow up after an informal meeting?
- Is it appropriate to ask for feedback on why an investor passed?
- How soon do I follow up with an investor who seemed interested?

If you enjoy this format, let us know what other topics you'd like us to cover!

Welcome back to The Backchannel! In this episode, we're trying out a new format where we dive into your burning questions about how founders should navigate investor passes.
Funded
June 18, 2024
68
mins

The Story Behind Incognia's Pivot & How it Led Them to Raise $45.6M

André Ferraz
Incognia
Funded
Jason Yeh (host)
Sponsors
Contact Us / Misc
  • Reach out to us on social or email me directly at jason@fundedpod.com if you have any questions or would like to share your story with us!
  • If you're looking for more fundraising content, grab my weekly newsletter packed full of strategies and insights around how to raise money: fundedpod.com/newsletter  

When life throws you tough times, you only have two options: to give up or find a solution. Today's guest felt slightly differently when they ran into some truly unexpected situations... they decided there was actually only one option: find a solution and move forward. Our guest for this episode is André Ferraz, co-founder and CEO of Incognia, a fast growing leader in the online fraud prevention space. Over the past decade, Incognia has had its fair share of ups, downs and even pivots - ultimately leading them to find the PMF that landed them $45M in venture funding in under 3 years. André's story is wild and super inspiring, and we can't wait for you guys to hear it!
The Backchannel
June 13, 2024
9
mins

TBC: Why Monthly Investor Newsletters Might Be a Bad Idea for Founders

In this episode of The Backchannel, we delve into the commonly held belief that founders should send monthly investor newsletters. We revisit the idea from a previous episode focused on personal newsletters for VCs and discuss why monthly updates might not be the most effective way to maintain investor interest. Learn alternatives for more strategic and impactful investor communication techniques. Ideal for startup founders looking to optimize their fundraising strategies.

In this episode of The Backchannel, Jason pushes back at the common practice of founders sending out monthly investor newsletter updates.
The Backchannel
June 6, 2024
9
mins

TBC: Is Silicon Valley Still the Place to Be for Startups?

Welcome back to the Back Channel! Today, we're mixing things up. My producer Paige read an article from the Bay Area Council Economic Institute and wanted my take. They claim tech workers are flocking back to SF, with major companies still headquartered there, and a big chunk of AI investment dollars staying local. Although there's truth to that, I think the pandemic has opened doors for other cities. San Francisco is still important due to it's history and other specific reasons, but there are other places on the rise. Listen to the full episode to hear my take on the article!

In this episode of The Backchannel, the host Jason dives into an article from the Bay Area Council Economic Institute, which talks about Silicon Valley's current state, investment trends, and workforce changes.
Funded
June 4, 2024
56
mins

The Story Behind Lex's $5.6M Seed Round (Jennifer Lewis / Lex)

Jennifer Lewis
Lex
Funded
Jason Yeh (host)
Sponsors
Contact Us / Misc
  • Reach out to us on social or email me directly at jason@fundedpod.com if you have any questions or would like to share your story with us!
  • If you're looking for more fundraising content, grab my weekly newsletter packed full of strategies and insights around how to raise money: fundedpod.com/newsletter  

In this episode, we dive into the unpredictable world of startups, where the only constant is change. Joining us is Jennifer Lewis, co-founder and CEO of Lex, a pioneering social app for the LGBTQ community. Jennifer shares her rollercoaster journey through the venture-backed startup landscape, a path filled with highs and lows, trials, and significant growth. Despite the notion that startups should be smooth sailing, Jennifer's experience tells a different story—one of persistence and resilience. She recounts the daunting challenges she faced while raising capital, which paradoxically energized her and her team to secure a substantial $5.6 million seed round. This episode reveals how coming close to failure can unveil a newfound strength and determination. We also take a personal look at Jennifer's background, tracing her unlikely path from her early years to becoming a leader in tech innovation. Her story is a testament to the unexpected turns life can take and the transformative power of embracing them. Tune in to gain insights into the gritty realities of startup life and the pivotal moments that can define a company's success.
The Backchannel
May 30, 2024
6
mins

TBC: How Much Should I Raise?

In this episode of The Backchannel, we explore everything you should consider when figuring out how much you need to raise.

Jason delves into the common questions founders face regarding fundraising amounts, the importance of being goal-oriented, and the two key goals for raising funds.

Jason also stresses the importance of calculating the necessary funds to hit these milestones, rather than opting for smaller, seemingly easier amounts that could lead to a "bridge to nowhere."

Drawing from his mentor, Alan Patricof, the host underscores that investors seek meaningful progress, not just minimal survival.

The episode provides a clear framework to help founders determine how much they need to raise for their companies.

In this episode of The Backchannel, we explore everything you should consider when figuring out how much you need to raise. Jason delves into the common questions founders face regarding fundraising amounts, the importance of being goal-oriented, and the two key goals for raising funds.
The Backchannel
May 23, 2024
8
mins

TBC: How I Work - For Easily Distracted Founders

In this episode of The Backchannel, the host launches a new series called "How I Work," exploring strategies for productivity.

Jason delves into the challenges faced by founders, such as digital distractions, and shares his personal approach to combatting them.

By disconnecting from the internet during certain periods and utilizing a digital notepad like the remarkable device, he emphasizes the importance of carving out distraction-free time to boost productivity.

Join him as he shares insights and invites feedback on navigating the demands of entrepreneurship.


--

If you're looking for more fundraising content, grab our weekly newsletter packed full of strategies and insights around how to raise money: fundedpod.com/newsletter

In this episode of The Backchannel, the host launches a new series called "How I Work," exploring strategies for productivity.
Funded
May 21, 2024
66
mins

The Journey of Ian Swanson Starting 3 Venture-Backed Successes (Ian Swanson / Protect AI)

Ian Swanson
Protect AI
Funded
Jason Yeh (host)
Sponsors
Contact Us / Misc
  • Reach out to us on social or email me directly at jason@fundedpod.com if you have any questions or would like to share your story with us!
  • If you're looking for more fundraising content, grab my weekly newsletter packed full of strategies and insights around how to raise money: fundedpod.com/newsletter  

What makes someone a successful founder? Is it how much revenue they're able to generate? How well they lead their company and their employees? How many investors they're able to land? Those all play a role ... but the real answer is probably more nuanced and certainly harder to pinpoint. When we look at any successful founder throughout history, it's natural to wonder how they got there. To wonder what made them different from the thousands of others who tried to walk the same path and failed. Today I get to talk to Ian Swanson, 3x venture-backed founder and current CEO of Protect AI. Ian has raised over $82M in venture capital throughout his career with two successful exits . In today's interview, we touch on all three of Ian's companies, sharing the ups, the downs, and the in-betweens of running a venture-backed company. Tune in to uncover the untold stories behind Ian's path to success and discover what sets him apart in the world of entrepreneurship.
The Backchannel
May 16, 2024
4
mins

TBC: Why Every Founder Needs Third-Party Feedback

In this episode of The Backchannel, the host emphasizes the critical role of third-party feedback in the fundraising process for entrepreneurs.

Reflecting on a recent interaction with a founder, the host describes how an initially chaotic business pitch was clarified and refined through his outsider's perspective.

This episode underscores the unique advantage of third-party insights, which strip away emotional biases and unnecessary details to highlight the core message that resonates.

The takeaway is clear: seeking external opinions on fundraising materials isn't just helpful; it's essential for success.


--

If you're looking for more fundraising content, grab our weekly newsletter packed full of strategies and insights around how to raise money: fundedpod.com/newsletter

In this episode of The Backchannel, the host emphasizes the critical role of third-party feedback in the fundraising process for entrepreneurs.
The Backchannel
May 9, 2024
9
mins

TBC: Pro Tip for VC's - The Personal Newsletter

In this episode, the host shares the power of personal newsletters for VC's, shedding light on investor psychology and fundraising strategies.

Drawing from anecdotes from his personal life and interactions with VC's, he highlights the importance of staying top of mind in the competitive landscape of deal flow.

By sharing stories of missed opportunities and the dynamics of VC interactions, he underscores the significance of personal branding through newsletters.

Ultimately, the episode offers a pro tip for VC's to leverage personal newsletters as a means to enhance deal flow and foster lasting connections while simultaneously teaching founders about investor psychology.

In this episode, the host shares the power of personal newsletters for VC's, shedding light on investor psychology and fundraising strategies.
Funded
May 7, 2024
54
mins

How Nancy Xu Raised $10M for Moonhub (Nancy Xu / Moonhub)

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Nancy Xu
Moonhub
Funded
Jason Yeh (host)
Sponsors
Contact Us / Misc
  • Reach out to us on social or email me directly at jason@fundedpod.com if you have any questions or would like to share your story with us!
  • If you're looking for more fundraising content, grab my weekly newsletter packed full of strategies and insights around how to raise money:
  • fundedpod.com/newsletter  

Join us on a journey through the winding roads of entrepreneurship with our guest, Nancy Xu, the Founder & CEO of Moonhub. From her early days training for the U.S. math and physics team to her academic journey at Stanford and her stint as a software engineer at Facebook, Nancy seemed destined for academia. However, her passion for impactful ideas steered her towards entrepreneurship, leading her to start Moonhub, the pioneering AI-powered recruiter. With over $10 million raised in just two years, we explore how Nancy's background in AI research and building crucial relationships laid the foundation for Moonhub's success. Join us as we unravel the fascinating story of Nancy Xu raising millions from big named venture capitalists like Google Ventures and Khosla Ventures.
The Backchannel
May 2, 2024
5
mins

TBC: How & Why to Get a Technical Co-founder

In this episode, our host covers the importance of having a technical co-founder for non-technical founders and how to go about finding one.

Venture capitalists seek teams with diverse skill sets, understanding that successful companies require both technical and non-technical expertise.

For non-technical founders, making progress and creating value without a technical product is key to attracting top talent.

By understanding the "why" and "how" of finding a technical co-founder, you'll be better equipped to build a strong co-founding team and drive towards success.

Join us as we explore the steps ahead in this journey!

In this episode, our host covers the importance of having a technical co-founder for non-technical founders and how to go about finding one.
The Backchannel
April 25, 2024
4
mins

TBC: Addressing Competition With Investors

In this episode of the Back Channel, we explore the importance of addressing competition during investor meetings.

Drawing on an analogy from the hosts undergrad economics class, he emphasizes the significance of positioning oneself confidently alongside competitors and calmly articulating one's unique value proposition.

Rather than avoiding the conversation, address the competition with calm confidence, focusing on your strengths and differentiation.

It's all about owning your narrative and demonstrating why your direction is superior.

In this episode of the Back Channel, we explore the importance of addressing competition during investor meetings.
Funded
April 23, 2024
65
mins

The Story Behind SGNL Raising $22M in 2 Years (Scott Kriz / SGNL)

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Scott Kriz
SGNL
Funded
Jason Yeh (host)
Sponsors
Contact Us / Misc
  • Reach out to us on social or email me directly at jason@fundedpod.com if you have any questions or would like to share your story with us!
  • If you're looking for more fundraising content, grab my weekly newsletter packed full of strategies and insights around how to raise money:
  • fundedpod.com/newsletter  

There's a quote from Abraham Lincoln that always really speaks to me: "Give me 6 hours to chop down a tree and I will spend the first 4 sharpening my axe." It's become a mantra of sorts for me, especially when it comes to fundraising. I share it with all of the founders I work with because it encapsulates a fundamental truth: the preparation before the task is key. In my experience, the ease of a fundraising journey is directly proportional to the groundwork laid beforehand. Those lightning-fast fundraises? They're not just luck; they're the culmination of years, even decades, of relationship-building and experience. Take today's guest, Scott Kriz. As the co-founder and CEO of SGNL, he raised over $22M in less than 2 years, drawing on a decade of industry know-how. But this success wasn't overnight. Scott had already navigated the fundraising landscape with his previous venture, Bitium, where he secured $15M in VC funding before its acquisition by Google in 2017. Scott's journey underscores the importance of early struggles in paving the way for future triumphs. This episode is filled with knowledge, so make sure to listen till the very end!
The Backchannel
April 18, 2024
6
mins

TBC: Understanding VC Firms to Send the Right Signals

In this episode of The Backchannel, host Jason Yeh delves into the world of junior VCs and their path to becoming venture capitalists.

Drawing from his own experience at Greycroft and the hiring processes, he emphasizes the significance of technical backgrounds, industry connections, and experience in fields like consulting or banking.

Venture capital firms prioritize hiring from networks with access to potential deals and founders, highlighting the importance of networking in this industry.

Ultimately, understanding these hiring practices provides valuable insights for aspiring venture capitalists.

<p>This is a fantastic episode covering one of the most important insights around fundraising</p><p>‍</p>
The Backchannel
April 11, 2024
8
mins

TBC: Dilution 101 For Founders

<p>This is a fantastic episode covering one of the most important insights around fundraising</p><p>‍</p>
Funded
April 9, 2024
58
mins

The Story Behind Purple Metrics Closing Their $1.2M Pre-Seed Round (Guta Tolmasquim / Purple Metrics)

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Guta Tolmasquim
Purple Metrics
Funded
Jason Yeh (host)
Sponsors
Contact Us / Misc
  • Reach out to us on social or email me directly at jason@fundedpod.com if you have any questions or would like to share your story with us!
  • If you're looking for more fundraising content, grab my weekly newsletter packed full of strategies and insights around how to raise money:
  • fundedpod.com/newsletter  

Bootstrapping and raising venture capital are two different beasts. Bootstrapping gives you control, but growth is slower. Venture capital speeds things up, but you have to give up some control. There is, however, one thing they both have in common: each requires a leap of faith. Today's guest is pretty unique. She's someone who's gotten to experience building both types of companies - one bootstrapped, one venture backed. That guest is Guta Tolmasquim, founder and CEO of Purple Metrics, which recently closed their first institutional round of capital, a $1.2M pre-seed led by Astella, one of the top venture firms in Brazil! But before Purple Metrics, Guta founded Brand Gym, a company she bootstrapped and built all by herself. As you can imagine, the transition to building a venture backed company was... interesting In this episode, we get to learn about how Guta ended up closing her $1.2M pre-seed round and just how powerful building your network really is.
The Backchannel
April 4, 2024
7
mins

TBC: Why the Pre-Seed Round Was Created... and How It's Changed

A lot of people tend to forget that the pre-seed round in venture capital is still relatively new.

In today's episode, we talk about how the pre-seed round came about, and how it's changed since moving farther away from the bull markets back in 2020 and 2021.

One of those changes being the need for investors to see traction earlier and earlier before investing.

Make sure to watch the full episode to hear all the insights around pre-seed rounds!

A lot of people tend to forget that the pre-seed round in venture capital is still relatively new. In today's episode, we talk about how the pre-seed round came about, and how it's changed since moving farther away from the bull markets back in 2020 and 2021. One of those changes being the need for investors to see traction earlier and earlier before investing. Make sure to watch the full episode to hear all the insights around pre-seed rounds!
The Backchannel
March 28, 2024
5
mins

TBC: Taking Advice From Charlie Munger

Have you ever heard of the quote "The safest way to get what you want is to deserve what you want"?

It was said by the legendary investor Charlie Munger, and in todays episode we're going to talk about how you can apply that same understanding to fundraising as a startup founder.

Get ready to listen along and ask yourself to answer hard truths about yourself and your company.

See you next week on The Backchannel!

Have you ever heard of the quote "The safest way to get what you want is to deserve what you want"?It was said by the legendary investor Charlie Munger, and in todays episode we're going to talk about how you can apply that same understanding to fundraising as a startup founder.Get ready to listen along and ask yourself to answer hard truths about yourself and your company. See you next week on The Backchannel!
Funded
March 26, 2024
65
mins

The Story Behind Atlys Raising $16.3M in Venture Capital (Mohak Nahta - Atlys)

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Mohak Nahta
Atlys
Funded
Jason Yeh (host)
Sponsors
Contact Us / Misc
  • Reach out to us on social or email me directly at jason@fundedpod.com if you have any questions or would like to share your story with us!
  • If you're looking for more fundraising content, grab my weekly newsletter packed full of strategies and insights around how to raise money:
  • fundedpod.com/newsletter  

Most of us have heard the saying "good things don't come easy", and I'd be willing to argue that the majority of people agree with that statement on some level. But sometimes, good things do come easy and THEN they get harder. And it's in those pivotal moments where you really get to see what you're capable of. That was the case for today's guest Mohak Nahta - founder and CEO of Atlys - a company he started as a side project to solve his own problem of getting his visa on time when traveling. In today's episode, we get to hear the story behind not only Mohaks most recent $12M Series A but also his experience raising his $4M Seed round. Grab your notebook, because this guest is dropping all the fundraising knowledge!
The Backchannel
March 21, 2024
7
mins

TBC: Should You Announce Your Fundraise? Pros vs Cons.

Hello & welcome back to The Backchannel!

Today, we're diving into a topic that's often overshadowed in the frenzy of fundraising: whether or not to announce your round.

Drawing from the hosts own experiences and observations, he'll guide you through some of the complexities involved in making this decision.

Join us as we dissect the strategic implications and weigh the pros and cons, offering practical insights for founders charting their course in the startup landscape.

See you next week!


--

If you're looking for more fundraising content, grab our weekly newsletter packed full of strategies and insights around how to raise money: fundedpod.com/newsletter

Hello & welcome back to The Backchannel! Today, we're diving into a topic that's often overshadowed in the frenzy of fundraising: whether or not to announce your round.Drawing from the hosts own experiences and observations, he'll guide you through some of the complexities involved in making this decision. Join us as we dissect the strategic implications and weigh the pros and cons, offering practical insights for founders charting their course in the startup landscape.See you next week!
The Backchannel
March 14, 2024
9
mins

TBC: The 7 Forms of Support You Need to Fundraise

The truth is - most first-time fundraisers underestimate all that goes into fundraising and the support you need to make it through.

In this episode, Jason touches on 7 different emotional and tactical forms of support every founder should be aware of before jumping into a fundraise.

Make sure to watch the full episode so you don't miss any!

See you next week on The Backchannel.


--

If you're looking for more fundraising content, grab our weekly newsletter packed full of strategies and insights around how to raise money: fundedpod.com/newsletter

The truth is - most first-time fundraisers underestimate all that goes into fundraising and the support you need to make it through.In this episode, Jason touches on 7 different emotional and tactical forms of support every founder should be aware of before jumping into a fundraise.Make sure to watch the full episode so you don't miss any!See you next week on The Backchannel.
Funded
March 12, 2024
50
mins

Betting on Yourself: The Journey to Closing a $7.6M Seed Round (Stacy Edgar / Venteur)

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Stacy Edgar
Venteur
Funded
Jason Yeh (host)
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  • Reach out to us on social or email me directly at jason@fundedpod.com if you have any questions or would like to share your story with us!
  • If you're looking for more fundraising content, grab my weekly newsletter packed full of strategies and insights around how to raise money:
  • fundedpod.com/newsletter  

There is one thing that almost every single entrepreneur has in common - the drive to change the world in some way, shape, or form. For today's guest, she spent years of her career working for organizations like Doctors Without Borders and the United Nations, living overseas and funding entrepreneurs who were trying to make a difference in their communities. Stacy Edgar is the co-founder and CEO of Venteur, a company revolutionizing the healthcare space. To date, Ventuer has raised a total of $7.72M in venture funding. $120k of that being a pre-seed round from Techstars, the other $7.6M coming from the seed round they closed in August of 2023 led by GSR Ventures. In this episode Stacy shares some of her stories from raising her seed round as well as her success with open enrollment and the hard decisions they had to (and continue to have to) make while raising and scaling the business. Make sure to listen to the full episode!
The Backchannel
March 7, 2024
7
mins

TBC: Lead vs. Co-Lead Investors

In this episode of The Backchannel, the host delves into the intricacies of lead investors versus co-leads, breaking down the key distinctions and red flags to watch out for.

Learn why securing a dedicated lead investor holds paramount importance in navigating the complexities of fundraising, and gain valuable insights into the potential pitfalls of co-lead arrangements.

Tune in for an informative exploration of investment dynamics and strategic considerations to think about before considering getting a co-lead. See you next week!


--

If you're looking for more fundraising content, grab our weekly newsletter packed full of strategies and insights around how to raise money: fundedpod.com/newsletter

In this episode of The Backchannel, the host delves into the intricacies of lead investors versus co-leads, breaking down the key distinctions and red flags to watch out for. Learn why securing a dedicated lead investor holds paramount importance in navigating the complexities of fundraising, and gain valuable insights into the potential pitfalls of co-lead arrangements. Tune in for an informative exploration of investment dynamics and strategic considerations to think about before considering getting a co-lead. See you next week!
The Backchannel
February 29, 2024
8
mins

TBC: Pattern Recognition

Join us in this episode for an insightful discussion on pattern recognition in venture capital and its impact on underrepresented founders.

The host dives into the power dynamics of pattern matching, exploring how VCs use this tool to make investment decisions while shedding light on its potential biases.

From the imprecision of pattern recognition to strategies for overcoming its limitations, this episode offers practical insights for both founders and investors.

Listen in for a solid conversation on leveling the playing field in startup funding.

--

If you're looking for more fundraising content, grab our weekly newsletter packed full of strategies and insights around how to raise money: fundedpod.com/newsletter

Join us in this episode for an insightful discussion on pattern recognition in venture capital and its impact on underrepresented founders. The host dives into the power dynamics of pattern matching, exploring how VCs use this tool to make investment decisions while shedding light on its potential biases. From the imprecision of pattern recognition to strategies for overcoming its limitations, this episode offers practical insights for both founders and investors. Listen in for a solid conversation on leveling the playing field in startup funding.
Funded
February 27, 2024
60
mins

Builder Turned Fundraiser: Raising $63M for Tractian (Igor Marinelli / Tractian)

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Igor Marinelli
Tractian
Funded
Jason Yeh (host)
Sponsors
Contact Us / Misc
  • Reach out to us on social or email me directly at jason@fundedpod.com if you have any questions or would like to share your story with us!
  • If you're looking for more fundraising content, grab my weekly newsletter packed full of strategies and insights around how to raise money:
  • fundedpod.com/newsletter  

While most kids were occupied with typical childhood activities, today's guest was already knee-deep in the world of technology. From coding PHP to deconstructing old computers with his pops, his early passion for innovation set the stage for an extraordinary entrepreneurial journey. Fast forward to the present, Igor Marinelli stands as the visionary co-founder of Tractian, a cutting-edge machine intelligence company that has gained significant attention in the startup ecosystem. With an impressive $63 million in funding raised within just four years, including a substantial $45 million Series B led by renowned investor General Catalyst, Igor's achievements are nothing short of awe-inspiring. Join us as we delve into Igor's insightful narrative, exploring the pivotal moments that shaped his entrepreneurial trajectory and propelled Tractian to success.
The Backchannel
February 22, 2024
5
mins

TBC: The Use of Funds Slide

In this episode, the host tackles a common yet often misunderstood slide in pitch decks: the "use of funds" slide.

Many founders include it because they've heard it's necessary, but often it ends up being a vague waste of space.

Instead, use this slide strategically to outline where you are today, your future goals, and how the allocated funds will be specifically utilized.

By anchoring it in concrete objectives and clear allocation, you not only inform investors but also demonstrate a thoughtful plan for executing with the capital raised.

So, next time you're crafting a use of funds slide, ensure it serves a purpose and isn't just a filler in your deck!

In this episode, the host tackles a common yet often misunderstood slide in pitch decks: the "use of funds" slide. Many founders include it because they've heard it's necessary, but often it ends up being a vague waste of space. Instead, use this slide strategically to outline where you are today, your future goals, and how the allocated funds will be specifically utilized. By anchoring it in concrete objectives and clear allocation, you not only inform investors but also demonstrate a thoughtful plan for executing with the capital raised. So, next time you're crafting a use of funds slide, ensure it serves a purpose and isn't just a filler in your deck!
The Backchannel
February 15, 2024
5
mins

TBC: The Secret Value of the Email Appendix

In this episode of the Back Channel, Jason shares a fresh approach to email communication that's both personal and impactful.

Learn how to craft emails with a punchy, genuine tone while including a business-focused appendix for all the important details.

Say goodbye to lengthy, synthetic emails and hello to increased response rates.

Listen and discover the power of the email appendix and revolutionize your communication style!


--

If you're looking for more fundraising content, grab our weekly newsletter packed full of strategies and insights around how to raise money: fundedpod.com/newsletter

In this episode of the Back Channel, Jason shares a fresh approach to email communication that's both personal and impactful.Learn how to craft emails with a punchy, genuine tone while including a business-focused appendix for all the important details.Say goodbye to lengthy, synthetic emails and hello to increased response rates. Listen and discover the power of the email appendix and revolutionize your communication style!
Funded
February 13, 2024
55
mins

Trailblazing the VC Industry (Joanna Strober / Midi Health)

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Joanna Strober
Midi Health
Funded
Jason Yeh (host)
Sponsors
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  • Reach out to us on social or email me directly at jason@fundedpod.com if you have any questions or would like to share your story with us!
  • If you're looking for more fundraising content, grab my weekly newsletter packed full of strategies and insights around how to raise money:
  • fundedpod.com/newsletter  

In the last two decades, the startup industry has seen remarkable transformations, from the emergence of angel investors and venture capital firms to the rise of SaaS, cryptocurrencies, and the global diversification of the field. But what's even more exciting is the increasing presence of female founders, who, despite facing challenges, are making significant strides in entrepreneurship. Today, we're chatting with Joanna Strober, a founder who's witnessed this industry shift firsthand. From being one of the few women in venture capital to securing venture backing for her first company (which was later acquired by Weight Watchers), and raising a total of $39M for her latest venture, Midi Health, Joanna's journey is nothing short of inspiring. Curious about what it was like being apart of a changing industry? Listen to find out.
The Backchannel
February 8, 2024
5
mins

TBC: 3 Tips for Choosing Service Providers

In this episode of The Back Channel, we delve into a crucial post-fundraising topic: choosing service providers for your startup.

While it may seem mundane, the decision-making process can greatly impact your business.

Key takeaways include filtering for providers with startup expertise, considering the additional value they offer beyond their core services, and trusting your instincts about the working relationship.


--

If you're looking for more fundraising content, grab our weekly newsletter packed full of strategies and insights around how to raise money: fundedpod.com/newsletter

In this episode of The Back Channel, we delve into a crucial post-fundraising topic: choosing service providers for your startup.While it may seem mundane, the decision-making process can greatly impact your business. Key takeaways include filtering for providers with startup expertise, considering the additional value they offer beyond their core services, and trusting your instincts about the working relationship.
The Backchannel
February 1, 2024
6
mins

TBC: What's the Deal With Thesis-Driven Firms?

Join Jason Yeh on The Back Channel as he demystifies thesis-driven firms. They may not be as rigid as you think!

Ever wondered why these firms love their theses? It's not just about focus; it's also a way to say "no" graciously when a deal doesn't spark joy.

Plus, it can also be used for flexibility! Some startups may not seem thesis-fit, but if you dig deeper, they'll find intriguing connections to make the deal work.

Don't be afraid to engage with thesis-driven firms. Look beyond the thesis, explore their portfolio, and you might discover hidden opportunities!


--

If you're looking for more fundraising content, grab our weekly newsletter packed full of strategies and insights around how to raise money: fundedpod.com/newsletter

Join Jason Yeh on The Back Channel as he demystifies thesis-driven firms. They may not be as rigid as you think!
Funded
January 30, 2024
66
mins

Paying the Peter Thiel Price (Dylan Beynon - Mindbloom)

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Dylan Beynon
Mindbloom
Funded
Jason Yeh (host)
Sponsors
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  • Reach out to us on social or email me directly at jason@fundedpod.com if you have any questions or would like to share your story with us!
  • If you're looking for more fundraising content, grab my weekly newsletter packed full of strategies and insights around how to raise money:
  • fundedpod.com/newsletter  
Just like with any skill, there are beginners, and there are experts. Through practice and experience, the experts become exceptional at what they do. In fundraising, there are also experts. You could call them the "seasoned vets" of venture capital. These are the founders that have raised all the way from small angel rounds to Series B and beyond. It's safe to say that any founder who's raised over 4 rounds of venture capital knows a thing or two about fundraising. Today, Jason got to share his conversation with one of those fundraising experts. Dylan Beynon is a 3x Founder who has raised hundreds of millions of capital throughout his career. His most recent venture is Mindbloom, a company that provides at-home psychedelic care that transforms mental health which he has raised over $50M across 3 rounds for. Dylan's success with Mindbloom is amazing, but his why is even better. Get your tissues, this one might pull on your heartstrings...
The Backchannel
January 25, 2024
6
mins

TBC: Bouncing Back From Failure

In this episode, Jason shares a conversation with a founder who recently raised capital but had to close their startup.

First-time founders, remember that every setback is a chance to improve. Closing a startup isn't the end; it's a chance to evolve.

Once you've felt the grind and tasted success and failure, your perspective changes. You gain insights you can't find in books or tweets.

It's also important to note that venture capitalists value founders who've been through the startup rollercoaster. Understanding the ups and downs is what sets you apart.

Share this episode with fellow founders or friends on going through a tough time with their startup.

Embrace the learning process - see you next week!


--

If you're looking for more fundraising content, grab our weekly newsletter packed full of strategies and insights around how to raise money: fundedpod.com/newsletter

In this episode, Jason shares a conversation with a founder who recently raised capital but had to close their startup.First-time founders, remember that every setback is a chance to improve. Closing a startup isn't the end; it's a chance to evolve.Once you've felt the grind and tasted success and failure, your perspective changes. You gain insights you can't find in books or tweets.It's also important to note that venture capitalists value founders who've been through the startup rollercoaster. Understanding the ups and downs is what sets you apart.Share this episode with fellow founders or friends on going through a tough time with their startup. Embrace the learning process - see you next week!
The Backchannel
January 18, 2024
5
mins

TBC: Creating a Story That Can Be Shared

Ever wondered why your startup story and pitch deck need to be razor-sharp?

Sure, you want to impress investors, but there's more to it than meets the eye. Host Jason Yeh dives into the secret sauce of crafting a compelling narrative that not only wows investors but also ensures your story gets shared effectively.

In this episode:

💡 Discover the critical importance of a concise story that grabs attention

💡 Learn why your pitch deck is more than just a visual aid—it's your investor's roadmap.

💡 Uncover the hidden power of making your story easy to share, especially in firms with multiple decision-makers

Ready to be convinced to tighten up your pitch?


--

If you're looking for more fundraising content, grab our weekly newsletter packed full of strategies and insights around how to raise money: fundedpod.com/newsletter

Ever wondered why your startup story and pitch deck need to be razor-sharp? Sure, you want to impress investors, but there's more to it than meets the eye. Host Jason Yeh dives into the secret sauce of crafting a compelling narrative that not only wows investors but also ensures your story gets shared effectively.In this episode:💡 Discover the critical importance of a concise story that grabs attention💡 Learn why your pitch deck is more than just a visual aid—it's your investor's roadmap.💡 Uncover the hidden power of making your story easy to share, especially in firms with multiple decision-makers Ready to be convinced to tighten up your pitch?
Funded
January 16, 2024
66
mins

A Wyoming Success Story (Heather Shoemaker - Language I/O)

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Heather Shoemaker
Language I/O
Funded
Jason Yeh (host)
Sponsors
Contact Us / Misc
  • Reach out to us on social or email me directly at jason@fundedpod.com if you have any questions or would like to share your story with us!
  • If you're looking for more fundraising content, grab my weekly newsletter packed full of strategies and insights around how to raise money:
  • fundedpod.com/newsletter  
2023 was a tough year to fundraise. Almost all venture-backed founders felt the toll of being in a down market this past year. But when you're a female engineer, on top of that a female founder of a tech company - it almost always feels like a tough year to fundraise. For Heather Shoemaker, Founder and CEO of Language I/O, she never expected to fundraise. She ran a profitable company and was growing steadily each year from her headquarters in Cheyenne, Wyoming! But as we know - things change. Competitors come, and there's things you have to do in order to keep moving forward. In Heather's case that meant going out to raise her first venture round. It took awhile, and she met some very interesting VCs along the way, but eventually she ran into the right people and closed her seed round. In this episode, we get to dive into Heather's fundraising journey and how that ultimately led her to raise Language I/O's $8M Series A in July of 2023. Stick around towards the end and you'll also get to hear from some of Heather's investors from Wyoming VC!
The Backchannel
January 11, 2024
6
mins

TBC: Should Founders Try Again With Investors Who've Passed?

In this episode, we explore the wisdom behind reconnecting with investors who previously passed on your pitch.

Remember, investor passes aren't personal; they often stem from timing or fit issues.

Before reconnecting, update your narrative with progress highlights.

When reaching out, exude confidence without begging.

Showcase your growth, increasing investor interest, and upcoming fundraising round.

These reconnections aren't just about securing funding; they're opportunities to refine your pitch and bolster credibility.

Ready to reconnect and ace that pitch?

Go ahead and give this episode a listen!


--

If you're looking for more fundraising content, grab our weekly newsletter packed full of strategies and insights around how to raise money: fundedpod.com/newsletter

In this episode, we explore the wisdom behind reconnecting with investors who previously passed on your pitch. Remember, investor passes aren't personal; they often stem from timing or fit issues. Before reconnecting, update your narrative with progress highlights. When reaching out, exude confidence without begging. Showcase your growth, increasing investor interest, and upcoming fundraising round. These reconnections aren't just about securing funding; they're opportunities to refine your pitch and bolster credibility. Ready to reconnect and ace that pitch? Go ahead and give this episode a listen!
The Backchannel
January 4, 2024
6
mins

TBC: Don't Fall Into The Builder's Trap

In this Backchannel episode, Jason tackles a familiar trap for founders: productive procrastination!

From fixing pages to creating automations, it's easy to get caught up in tasks that feel productive but aren't top priorities for fundraising.

I get it, working on things you enjoy is crucial, but as a founder, your plate's overflowing.

Listen to this episode to hear Jason's insights on how to distinguish between enjoyable distractions and high-leverage tasks that drive real progress.

Prioritize your focus and avoid falling into the "builder's trap"!

Keep building, but build smart!


--

If you're looking for more fundraising content, grab our weekly newsletter packed full of strategies and insights around how to raise money: fundedpod.com/newsletter

In this Backchannel episode, Jason tackles a familiar trap for founders: productive procrastination! From fixing pages to creating automations, it's easy to get caught up in tasks that feel productive but aren't top priorities for fundraising. I get it, working on things you enjoy is crucial, but as a founder, your plate's overflowing. Listen to this episode to hear Jason's insights on how to distinguish between enjoyable distractions and high-leverage tasks that drive real progress. Prioritize your focus and avoid falling into the "builder's trap"! Keep building, but build smart!
Funded
January 2, 2024
65
mins

Fundraising EQUALS Hard Work (Equals)

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Bobby Pinero
Equals
Funded
Jason Yeh (host)
Sponsor
Contact Us / Misc
  • Reach out to us on social or email me directly at jason@fundedpod.com if you have any questions or would like to share your story with us!
  • If you're looking for more fundraising content, grab my weekly newsletter packed full of strategies and insights around how to raise money:
  • fundedpod.com/newsletter  
Not every entrepreneur starts off knowing what business they want to create. For Bobby Pinero, Co-founder and CEO of Equals, it took him 8 years of building Intercoms Finance Organization to the success it is today until he found the product he wanted to create. Best part? He is building the product he always wished he had while working there. In today's episode we dive into Bobby's background, how he decided on Equals, and ultimately the trials and tribulations that went along with raising a $16M Series A from one of the top VC firms out there - Andreessen Horowitz.
The Backchannel
December 28, 2023
8
mins

TBC: The Similarities Between Real Estate and Fundraising

Have you ever compared fundraising with real estate?

Once you do, you'll be shocked by their similarities.

In today's episode, Jason gives a real life example of how he discovered just how similar they are.

While having to find a new renter for his home, he realized how he still needed to build momentum, keep options open, and communicate the value of the property in a way that grasped others attention.

He even learned the lesson of not getting too ahead of yourself, and to keep running a process until the papers are signed.

Listen to the full episode to learn more about the similarities between fundraising and real estate and how you can use this analogy yo help your fundraise.

See you next week on The Backchannel!


--

If you're looking for more fundraising content, grab our weekly newsletter packed full of strategies and insights around how to raise money: fundedpod.com/newsletter

Have you ever compared fundraising with real estate?Once you do, you'll be shocked by their similarities.In today's episode, Jason gives a real life example of how he discovered just how similar they are.While having to find a new renter for his home, he realized how he still needed to build momentum, keep options open, and communicate the value of the property in a way that grasped others attention.He even learned the lesson of not getting too ahead of yourself, and to keep running a process until the papers are signed.Listen to the full episode to learn more about the similarities between fundraising and real estate and how you can use this analogy yo help your fundraise.See you next week on The Backchannel!
The Backchannel
December 21, 2023
7
mins

TBC: The Need For Support in Fundraising

For a topic that seems to be "cliche", it sure is important. What if we were to tell you that getting support around your fundraise is one of the best ways to guarantee success? As founders, you are automatically biased toward your own product. That means you are also biased toward your pitch, deck, and any other materials you might share with an investor. In this episode, Jason dives into 3 areas of fundraising you should be getting support around, and why it's so important. See you guys next week on The Backchannel!


--

If you're looking for more fundraising content, grab our weekly newsletter packed full of strategies and insights around how to raise money: fundedpod.com/newsletter

For a topic that seems to be "cliche", it sure is important. What if we were to tell you that getting support around your fundraise is one of the best ways to guarantee success? As founders, you are automatically biased toward your own product. That means you are also biased toward your pitch, deck, and any other materials you might share with an investor. In this episode, Jason dives into 3 areas of fundraising you should be getting support around, and why it's so important. See you guys next week on The Backchannel!
The Backchannel
December 14, 2023
5
mins

TBC: CEOs Should Always Be the Ones to Pitch

Who should be the one to pitch - the CEO or the outgoing salesman?

In today's episode of The Backchannel, Jason explains why he believes the CEO should always be the one pitching to investors.

Although there might be a few exceptions, investors are looking to get to know the person who is running the ship and making the big decisions.

A salesman sells the vision, the CEO is the one who executes on it.

Remember: investors bet on the jockey, not just the horse.

See you next week!

--

If you're looking for more fundraising content, grab our weekly newsletter packed full of strategies and insights around how to raise money: fundedpod.com/newsletter

Who should be the one to pitch - the CEO or the outgoing salesman? In today's episode of The Backchannel, Jason explains why he believes the CEO should always be the one pitching to investors. Although there might be a few exceptions, investors are looking to get to know the person who is running the ship and making the big decisions. A salesman sells the vision, the CEO is the one who executes on it. Remember: investors bet on the jockey, not just the horse. See you next week!
The Backchannel
December 7, 2023
7
mins

TBC: Explaining "The Money Round"

In this Back Channel episode, we're diving into the elusive "money round" investors adore.

So what is it?

To sum it up, the "money round" is the round before a valuation spike.

Investors are searching for crystal-clear milestones and confident execution that screams, "Next round, here we come!"

How do you do that?

Make sure to watch the full episode where Jason dives into the details.

See you next week!

--

If you're looking for more fundraising content, grab our weekly newsletter packed full of strategies and insights around how to raise money: fundedpod.com/newsletter

In this Back Channel episode, we're diving into the elusive "money round" investors adore. So what is it? To sum it up, the "money round" is the round before a valuation spike. Investors are searching for crystal-clear milestones and confident execution that screams, "Next round, here we come!" How do you do that? Make sure to watch the full episode where Jason dives into the details. See you next week!
The Backchannel
November 30, 2023
5
mins

TBC: Preparing For a Pitch Competition

Working with founders it's safe to say Jason has seen a lot of pitches, good and bad.

Not to mention he himself has pitched quite a bit in his past as a VC-backed founder.

In that time, he's learned what to do and not to do.‍

In this episode, Jason gives some practical tips around how to make the most of your pitch for a pitch competition.

Enjoy the episode!‍

--

If you're looking for more fundraising content, grab our weekly newsletter packed full of strategies and insights around how to raise money: fundedpod.com/newsletter

Working with founders it's safe to say Jason has seen a lot of pitches, good and bad. Not to mention he himself has pitched quite a bit in his past as a VC-backed founder. In that time, he's learned what to do and not to do.‍ In this episode, Jason gives some practical tips around how to make the most of your pitch for a pitch competition. Enjoy the episode!‍
The Backchannel
November 23, 2023
8
mins

TBC: Data Rooms - What You Need to Know

There's a lot of talk about data rooms in the startup world - but a lot of founders struggle to understand what a data room actually is.

In today's episode, Jason discusses their purpose in validating a startup's pitch for investors.

On top of that, he explains when and how to share a data room effectively.

Founders, if you're even slightly confused around how to properly use your data room to help you get funded - watch this episode!

--

If you're looking for more fundraising content, grab our weekly newsletter packed full of strategies and insights around how to raise money: fundedpod.com/newsletter

There's a lot of talk about data rooms in the startup world - but a lot of founders struggle to understand what a data room actually is. In today's episode, Jason discusses their purpose in validating a startup's pitch for investors. On top of that, he explains when and how to share a data room effectively. Founders, if you're even slightly confused around how to properly use your data room to help you get funded - watch this episode!
The Backchannel
November 16, 2023
7
mins

TBC: Pitching VCs Through a Screen

In this episode, we're unraveling the mystery behind Zoom-based pitches – a critical skill in the post-March 2020 startup landscape.

Jason takes us on a journey, reminiscing about the pre-COVID days of in-person meetings, shaking hands, and engaging conversations.

Ever wondered why some pitches feel like a Broadway show while others are just a mundane PowerPoint affair?

Today, he shares the secret sauce: making your Zoom pitch more of a dialogue and less of a presentation.

Forget the monotony, inject life into your virtual pitches, and learn how to capture investors' attention authentically.

Make sure to give the full episode a listen. We'll see you next week on The Backchannel!

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If you're looking for more fundraising content, grab our weekly newsletter packed full of strategies and insights around how to raise money: fundedpod.com/newsletter

In this episode, we're unraveling the mystery behind Zoom-based pitches – a critical skill in the post-March 2020 startup landscape. Jason takes us on a journey, reminiscing about the pre-COVID days of in-person meetings, shaking hands, and engaging conversations. Ever wondered why some pitches feel like a Broadway show while others are just a mundane PowerPoint affair? Today, he shares the secret sauce: making your Zoom pitch more of a dialogue and less of a presentation. Forget the monotony, inject life into your virtual pitches, and learn how to capture investors' attention authentically. Make sure to give the full episode a listen. We'll see you next week on The Backchannel!
The Backchannel
November 9, 2023
5
mins

TBC: Launch Before You're Ready

Slow and steady doesn't always win the race.

In this episode of The Backchannel, we dive into a unique perspective on startup success that's not just about fundraising but about building a thriving business.

Jason emphasizes the importance of launching your startup before you think you're ready.

Forget about striving for perfection—what you really need is to get something out there and start chatting with customers.

Find out how launching before your masterpiece is complete not only leads to a better product but also impresses investors.

Tune in to this episode to discover why taking the leap now can save you from a lot more trouble down the road.

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If you're looking for more fundraising content, grab our weekly newsletter packed full of strategies and insights around how to raise money: fundedpod.com/newsletter

Slow and steady doesn't always win the race. In this episode of The Backchannel, we dive into a unique perspective on startup success that's not just about fundraising but about building a thriving business. Jason emphasizes the importance of launching your startup before you think you're ready. Forget about striving for perfection—what you really need is to get something out there and start chatting with customers. Find out how launching before your masterpiece is complete not only leads to a better product but also impresses investors. Tune in to this episode to discover why taking the leap now can save you from a lot more trouble down the road.
The Backchannel
November 2, 2023
5
mins

TBC: How to Grow Your Network FAST

In this episode of The Back Channel, we've got a cool fundraising hack for you.

Ever thought about hosting networking dinners to amp up your investor connections?

Sure you won't become best friends overnight, but these connections create a sense of mutual support for one another.

Plus, it might surprise you how similar the process of setting up a networking dinner is to setting up a fundraise.

If you're tired of feeling like you have no way of growing your network - this episode is for you.

--

If you're looking for more fundraising content, grab our weekly newsletter packed full of strategies and insights around how to raise money: fundedpod.com/newsletter

In this episode of The Back Channel, we've got a cool fundraising hack for you. Ever thought about hosting networking dinners to amp up your investor connections? Sure you won't become best friends overnight, but these connections create a sense of mutual support for one another. Plus, it might surprise you how similar the process of setting up a networking dinner is to setting up a fundraise. If you're tired of feeling like you have no way of growing your network - this episode is for you.
The Backchannel
October 26, 2023
5
mins

TBC: Importance of CRM Systems When Fundraising

One of the hard truths of fundraising is that most founders don't have nearly enough investors added to their target lists.

Some stop at 20, others even less.

In all reality, you should AT LEAST be targeting 100.

And if you're going to be targeting that many, one of the things you are going to need is a CRM system.

Having a database for tracking your communications is one of the best ways to run a tight process and stay organized when meeting with investors.

In this episode, Jason dives into the details of using CRM systems when going out to fundraise.

Give it a listen & look out for weekly insights around fundraising, brought to you by The Back Channel.

--

If you're looking for more fundraising content, grab our weekly newsletter packed full of strategies and insights around how to raise money: fundedpod.com/newsletter

One of the hard truths of fundraising is that most founders don't have nearly enough investors added to their target lists. Some stop at 20, others even less. In all reality, you should AT LEAST be targeting 100. And if you're going to be targeting that many, one of the things you are going to need is a CRM system. Having a database for tracking your communications is one of the best ways to run a tight process and stay organized when meeting with investors. In this episode, Jason dives into the details of using CRM systems when going out to fundraise. Give it a listen & look out for weekly insights around fundraising, brought to you by The Back Channel.
The Backchannel
October 19, 2023
7
mins

TBC: Pre-seed vs. Seed - What's the difference?

Pre-seed vs. seed.

It seems there are more and more terms coming out, but no one fully knows what they mean.

My guess is even most investors don't actually know the difference.

Nevertheless, it's good to get an overall understanding of what the world of venture capital means by these two closely associated terms.

In this episode, Jason outlines the key differences between seed and pre-seed while also explaining how to answer this seemingly hard question from investors: "Are you raising seed or pre-seed?".

Give it a listen & look out for weekly insights around fundraising, brought to you by The Back Channel.

--

If you're looking for more fundraising content, grab our weekly newsletter packed full of strategies and insights around how to raise money: fundedpod.com/newsletter

Pre-seed vs. seed. It seems there are more and more terms coming out, but no one fully knows what they mean. My guess is even most investors don't actually know the difference. Nevertheless, it's good to get an overall understanding of what the world of venture capital means by these two closely associated terms. In this episode, Jason outlines the key differences between seed and pre-seed while also explaining how to answer this seemingly hard question from investors: "Are you raising seed or pre-seed?". Give it a listen & look out for weekly insights around fundraising, brought to you by The Back Channel.
The Backchannel
October 12, 2023
7
mins

TBC: How to Handle Investor Rejection

Rejection.

It's a fundamental part of the game, even for the biggest success stories like Airbnb.

Rejection is tough, but it's also a chance to learn.

Don't let it drag you down; build a packed calendar for pitches, boost your confidence, and remember that every "no" is a step closer to a "yes."

Rejection is your path to funding success. Believe it!

--

If you're looking for more fundraising content, grab our weekly newsletter packed full of strategies and insights around how to raise money: fundedpod.com/newsletter

Rejection. It's a fundamental part of the game, even for the biggest success stories like Airbnb. Rejection is tough, but it's also a chance to learn. Don't let it drag you down; build a packed calendar for pitches, boost your confidence, and remember that every "no" is a step closer to a "yes." Rejection is your path to funding success. Believe it!
The Backchannel
October 5, 2023
6
mins

TBC: Preparing to Fundraise in a Down Market

We are in new times.

Raising money has become harder than it used to be.

Impressing VCs has started to feel like it's impossible.

Because I work with founders on a daily basis, I know the struggle.

So, I made this episode where I'll be going over the top things to be prepared for before going out to raise.

Founders, it's time to take notes!

--

If you're looking for more fundraising content, grab our weekly newsletter packed full of strategies and insights around how to raise money: fundedpod.com/newsletter

We are in new times. Raising money has become harder than it used to be. Impressing VCs has started to feel like it's impossible. Because I work with founders on a daily basis, I know the struggle. So, I made this episode where I'll be going over the top things to be prepared for before going out to raise. Founders, it's time to take notes!