[Venture Capital Series] How to Survive a Startup with Steven Hoffman of Founders Space

Steven Hoffman, also known as Captain Hoff, is the CEO of Founders Space, which is a global startup accelerator with over 50,000 entrepreneurs and members in 22 countries. Founders Space was ranked the number one incubator for overseas startups by Forbes and Entrepreneur Magazine.

Every year, Steven mentors hundreds of startups, helping them overcome their biggest challenges. Steven is also a venture investor, serial entrepreneur, and best-selling author of several books, including Make Elephants Fly, Surviving a Startup, and The Five Forces That Change Everything.

In this episode…

What do you do when you run out of money, no investor is showing interest in your business, and your team has taken so many pay cuts they’re now working for free? Even worse, how do you come out of a meeting with an investor who promised to invest, but seeing that you’re desperate, they want to cut your valuation by half? 

While you’re thinking about how to come out of those situations, you get a chance with an investor who’s willing to give you more money than you asked, but there’s one problem: you need the money in two weeks. How do you pull that off? Steven Hoffman’s startup went through those same situations — and survived. So how did he do it? 

Listen to this episode of the Inspired Insider Podcast with Dr. Jeremy Weisz, featuring the CEO of Founders Space, Steven Hoffman. They discuss Steven’s entrepreneurial journey, his foray into the game development space, lessons learned, tips for raising capital, and what he wishes every entrepreneur would know.