This Week in Startups

Founders from LAUNCH Accelerator’s 20th Cohort join Jason to talk fundraising, growth, pitching & more | E1180

Feb 27, 2021
Andrew Duffy, Founder and CEO of Sparkplug, shares insights on bridging the gap between online and offline business marketing. He discusses strategies for effective fundraising, emphasizing the importance of compelling storytelling over technical pitches. They dive into the transformative journeys of founders, highlighting personal growth and community engagement. The conversation also touches on innovative income-sharing agreements for education and the challenges of navigating fundraising, particularly in niche markets like cannabis.
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ADVICE

Essential Startup Elements

  • Focus on securing capital and achieving growth for your startup.
  • With these two elements, most challenges become manageable.
ADVICE

Fundraising as Sales

  • Startups that demonstrate growth attract investment.
  • Treat fundraising like sales; it's a numbers game.
INSIGHT

Accelerator Validation

  • Accelerators validate startups, signaling to other investors they are not disasters.
  • Jason Calacanis leverages his reputation to attract investors to Launch Accelerator companies.
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