3min chapter

1947 Rise cover image

55: Harsh Shah (Fynd) | "Four ways of sourcing deals" | 1947 Operators

1947 Rise

CHAPTER

How to Build a Cap Table

If you're building a business which has a lot of capital investment upfront, I'm okay with sort of phrasing a little bit more at the start. Because capital at that time will probably give you a slight competitive advantage and also will give you more time to experiment and do more things to try and just get to the next milestone faster. But for iterative businesses, I think we supremely hawkish with how you end up building your capital. And ideally, just get operators, operator investors on board and maybe one or two sort of institutional investors who can sort of anchor their round for you.

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