About Sam
Sam is an exited founder, now angel investor and founder of FounderCatalyst, on a mission to make startup legals easier and more affordable.
Objective
The objective of the meeting was to discuss trends in the funding landscape and provide insights for founders regarding funding strategies and investor expectations.
Summary
- Sam from FounderCatalyst discussed the current funding landscape, highlighting the impact of inflation rates, interest rates, and market fluctuations on investments.
- He mentioned that investments have been concentrated in Series A and later stages, with larger funding rounds receiving the majority of the funding.
- Sam emphasised the importance of founders being well-prepared when seeking funding, including having a pitch deck, financial forecasts, term sheets, and advance assurance.
- He also discussed the different types of investors, such as angel groups and VC funds, and the varying terms and conditions they may impose on founders.
- The conversation touched on the challenges faced by non-technical founders and the need to consider factors like scalability and technical expertise when building a startup.
- Sam advised founders to be aware of the potential risks and pitfalls associated with different funding options and to carefully consider the terms and conditions offered by investors.
Session Recording
ifweraise2023-10-271214.mp4