The Retail X Series Podcast

Should All Startups Raise Venture Capital? Featuring Leigh Sevin of Endear

Sapna Shah Episode 33

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0:00 | 31:25

For many founders, raising outside capital, including venture capital, is the accepted path. But is this always the case? This episode features Leigh Sevin, co-founder of Endear, a retail clienteling software startup. Leigh and I talk about her fundraising journey, choices they’ve made and how to think about VC versus other fundraising options.  

  • Raising early-stage funding for a tech startup with a profitability-first mindset
  • The difference between pre-seed angels and VCs and how they think about investing at the early stage
  • The concept of “portfolio of one” and potential alignment or misalignment with VCs
  • Finding your own right path for fundraising
  • What alternatives exist to VC, because you still probably need to raise at least some outside capital 
  • When different kinds of debt make sense for startups
  • Exit considerations for founders, and the importance of cap tables
  • Use your founder network to get help throughout the process

Music by Eino Toivanen, kongano.com
 
Edited by Deven Shah

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