

Navigating Investor Relations and Capital Raising for Sustainable Growth
30 snips Nov 11, 2024
Dr. Tianyi Jiang, CEO of AvePoint, shares his journey from Wall Street to tech entrepreneurship, revealing how a pivotal moment inspired his shift to founding a data management solutions company. He emphasizes the critical balance of investor relations and capital raising for sustainable growth, stressing that fostering strong relationships is key. Jiang discusses the importance of strategic acquisitions post-IPO, effective capital allocation, and the need for cultural alignment in M&A, all while managing investor expectations for long-term success.
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Tianyi Jiang's Background
- Tianyi Jiang's background is in computer science, with experience at Bell Labs, Wall Street, and a PhD in data mining.
- A life-changing experience during 9/11 led him to pursue entrepreneurship and start AvePoint.
Fundraising Advice
- Raise your first round of capital as late as possible; bootstrap as long as possible and get to revenue first.
- Avoid losing control too early, as investors eventually need an exit, which may not align with founders' long-term vision.
Recapitalization
- Recapitalization involves primary capital (for the company) and secondary sales (for existing shareholders).
- Secondary sales provide a financial safety net and allow founders to de-risk their sweat equity.