Deep Dive: Startup fundraising with Nathan Beckord
Understanding VC is a deep dive on how Venture Capitalists work. In this episode, I talk with Nathan Beckord, Founder and CEO at FounderSuite, a new-age SaaS product which eases the planning, accounting, and finding the right VC fits for your startup. Nathan talks about his journey developing FounderSuite, a startup for startups, and how he has been able to realize that vision. From his treasure trove of empirical knowledge, he shares some tips and tricks that he considers of importance in the formative period of startups. He recalls some inspiring anecdotes about successful founders, the process that they adopted for fundraising, and how they managed to find the perfect VC fit for their startup. He also provides a rough roadmap that founders can follow while trying to solve the fundraising riddle and find unique answers to fulfill their company's needs.
In this episode you will learn:
- What is FounderSuite? What are the ways in which FounderSuite facilitates fundraising?
- Why FounderSuite over spreadsheets?
- How did Nathan redirect his entrepreneurial spirit to create a SaaS product aimed at entrepreneurs?
- How can founders lookout for clues for a good founder-VC fit?
- What’s the roadmap for a founder to materialize their ‘dream team’?
- What’s the right way to make yourself conspicuous in the industry before approaching your A-list investors?
- How to deal with rejection and contradictory feedback from various investors?
- How valuable are Investor Updates to propel a startup’s growth prospects?
- How can founders get a quicker ‘no’?
- The seasonality of fundraising in the west
About
Nathan Beckord is the CEO of Foundersuite.com a venture-backed company that makes the leading “funding stack” (investor database, CRM, pitch deck hosting, and Investor Update tools) for startups raising capital. Since launching in 2016, users have raised over $3 Bln in seed and venture capital.
Prior to starting Foundersuite, Nathan spent ten years working with over 150 startups as interim CFO, Business Developer, and Advisor. Nathan has an MBA in Entrepreneurship, a BSC in Finance, and is a Chartered Financial Analyst (CFA). In his free time, he enjoys sailing, traveling, and riding motorcycles.
Nathan Beckord
CEO at Foundersuite
Nathan Beckord is the CEO of Foundersuite.com a venture-backed company that makes the leading “funding stack” (investor database, CRM, pitch deck hosting, and Investor Update tools) for startups raising capital. Since launching in 2016, users have raised over $3 Bln in seed and venture capital.
Prior to starting Foundersuite, Nathan spent ten years working with over 150 startups as interim CFO, Business Developer, and Advisor. Nathan has an MBA in Entrepreneurship, a BSC in Finance, and is a Chartered Financial Analyst (CFA). In his free time, he enjoys sailing, traveling, and riding motorcycles.
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