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Stages of Early-Stage Startups
Exploring the pre-seed, seed, and seed plus stages of early-stage investment and the importance of track records in securing funding.
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Today’s show:
Zach Coelius joins Jason to discuss the phases of early-stage startups (2:01), break down the state of VC (13:17), answer live questions from the audience (22:36), and much more!
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Time stamps:
(0:00) Zach Coelius joins Jason
(2:01) The three phases of early-stage startups
(10:00) Fount - Get $500 off an executive health coach at https://fount.bio/twist
(11:31) Advantages that Builder/Founder startups possess
(13:17) The state of VC: The LP and GP relationship, post-ZIRP, and startup soft landings
(21:10) Coda - Get a $1,000 startup credit at https://coda.io/twist
(22:36) Question: How do you describe PMF in the simplest terms possible
(29:20) Question: How hard is it for first-time founders to raise pre-seed?
(39:46) Miro - Sign up for a free account at https://miro.com/startups
(41:11) Question: I will be in the Bay Area for two weeks… any advice on how to efficiently meet VCs to pitch my startup?
(45:56) Question: What are attributes of companies that are getting funded today? More stable and breakeven? Different industries? What is working today?
(54:49) Breaking news: Caroline Ellison, CEO of Alameda Research testifies for first time today in SBF’s trial
(1:01:49) Cruise robotaxi fleet deployed in San Francisco
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Follow Zach: https://twitter.com/zachcoelius
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Read LAUNCH Fund 4 Deal Memo: https://www.launch.co/four
Apply for Funding: https://www.launch.co/apply
Buy ANGEL: https://www.angelthebook.com
Great recent interviews: Steve Huffman, Brian Chesky, Aaron Levie, Sophia Amoruso, Reid Hoffman, Frank Slootman, Billy McFarland, PrayingForExits, Jenny Lefcourt
Check out Jason’s suite of newsletters: https://substack.com/@calacanis
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Follow Jason:
Twitter: https://twitter.com/jason
Instagram: https://www.instagram.com/jason
LinkedIn: https://www.linkedin.com/in/jasoncalacanis
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Follow TWiST:
Substack: https://twistartups.substack.com
Twitter: https://twitter.com/TWiStartups
YouTube: https://www.youtube.com/thisweekin
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Subscribe to the Founder University Podcast: https://www.founder.university/podcast
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