Know Time #114: Entrepreneurship 101, Startups, Funding & Venture Capital ft. Anurag Ram Chandran
Anurag Ram Chandran, entrepreneur and co-founder of Kubo Care, provides a masterclass on entrepreneurship where we cover: different motivations to become a founder, what are the different funding stages when raising capital, how to calculate valuation and equity dilution, what is venture capital, angel investors, how to stress test an idea, building a team and hiring talent!
Anurag: https://www.linkedin.com/in/anuragrc/
Kubo Care: https://kubocare.com/
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Producer & Host: Shalaj Lawania
TIMELINE
0:00 Introduction
2:49 Motivations To Become An Entrepreneur
15:34 What Personality Traits Do Successful Founders Have?
22:55 Finding Co-Founders
36:10 Idea vs. Team vs. Timing
43:10 Stress Testing
51:34 Do You Need Funding From Venture Capital?
59:37 Raising Capital 101: Funding Rounds, Valuation, Dilution & Equity
1:13:45 How Much Capital Do You Need?
1:17:22 Giving Away Equiity
1:20:46 Calculating Company Valuation
1:24:35 Deciding Your Salary
1:28:08 What Do VC Firms Look For?
1:30:50 The Problems With Venture Capital
1:38:49 Work-Life Balance
1:43:32 Attracting Talent
1:54:24 Lego Interpretation
1:56:29 Advice for Aspiring Entrepreneurs
2:02:52 Meaning of Life
#entrepreneurship