Fundraising Insights
Jake shares his experience of raising a $10 million fund, initially aiming for $20 million, and the strategic shift that led to this decision. With 40 startups in their portfolio, half of which were seed stage investments, he reflects on the alignment with investor expectations and the importance of demonstrating success for future fundraising.In this clip
From this podcast
The Pitch
#100 When Investors Take the Hot Seat
Related Questions
So where are you guys now? How many startups have you invested in?
Jake Chapman mentions that when they started fundraising, they had a target of 12 million, but ended up raising just shy of 10 million. What was the thought process behind adjusting their fundraising target?
What's funny is half of those 40 investments were not in companies at the bridge stage, they were actually in companies at the seed stage, which is exactly what the investors in the pitch room were pushing for. Sounds like the investors in the room were right.