The State of Venture Funding in 2023 with OMERS Ventures
Jul 31, 2023
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In this episode, venture funding experts Joe Garafalo and Marissa Moore, along with financial modeling specialist Eugene Lee, discuss the current state of venture funding, the importance of good financial modeling practices, understanding the customer base, assessing risks, and the role of metrics in investor conversations. They also provide advice for companies planning to raise funds in the future, emphasizing the need to build relationships with investors, adaptability, and understanding future expectations.
Building relationships with investors is crucial for successful fundraising.
Adaptability and soft skills are essential for investors to succeed.
Aligning with the right investors can increase the chances of a successful fundraising round.
Deep dives
The importance of adapting and learning from tough experiences
It's essential to reflect on and learn from challenging situations in order to grow and change.
The value of soft skills in the investment industry
Soft skills, such as adaptability, communication, and relationship-building, play a crucial role in the investor's success.
Creating a pipeline of target investors
Prioritizing investors who align with your company's stage, size, and vision can increase the chances of a successful fundraising round.
Giving yourself ample time to raise funds
Starting informal conversations and building relationships with potential investors before formally launching the fundraising process can be beneficial.
Clarity and consistency in your pitch
Clearly conveying your company's vision and focusing on the key points in the initial pitch can help generate interest and advance to the next stage of the process.
In this episode of The Role Forward, Joe Michalowski hosts a deep dive into the world of venture funding. The guests — Joe Garafalo, Marissa Moore, and Eugene Lee — share their insights and experiences.
The conversation revolves around the importance of good financial modeling practices, the current state of venture funding, and the future outlook. The guests also discuss the importance of understanding the customer base, assessing risks, and the role of metrics in investor conversations.
The episode concludes with advice for companies planning to raise funds in the future. The key takeaways include the need to build relationships with investors, the importance of adaptability, and the value of clearly understanding future expectations. This episode is a must-listen for anyone interested in venture funding and financial modeling.
Guests-at-a-Glance 💡 Names: Joe Garafalo / Marissa Moore / Eugene Lee
💡What they do: Co-Founder and COO / Investor / Principal
💡Noteworthy: Joe is a seasoned entrepreneur with a strong background in strategic finance. He's known for his deep understanding of financial modeling and venture funding. Marissa is a self-proclaimed numbers nerd with a passion for financial models. She started her career on Wall Street and has since worked in equity research and private market research. She's known for her project, the Green Room, a platform for founders to practice their pitches in front of real VC investors. Eugene started his career in M&A banking and has since worked in various roles in startups, including being part of two founding teams. He's known for his expertise in analyzing key drivers and metrics to help scale businesses.
Marissa: LinkedIn(and check out The Green Room, a safe space for founders to practice their pitch, risk free, in front of current investors and subject matter experts.