How John Patrick Mullin Closed a $11M Round for MANTRA (John Patrick Mullin / MANTRA)
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.
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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.
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.
How John Patrick Mullin Closed a $11M Round for MANTRA (John Patrick Mullin / MANTRA)
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.
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.
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.
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.
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.
How Ron Belldegrun Closed a $95M Series C for ByHeart (Ron Bellegrum / ByHeart)
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.
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.