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/SUPPORT:Patreon: https://www.patreon.com/knowtimeAnchor: https://anchor.fm/knowtime/supportYoutube Membership: https://www.youtube.com/channel/UCJ-937lA3_s2g5AxdpKQjVg/joinPODCAST:Anchor: https://anchor.fm/knowtimeSpotify: https://open.spotify.com/show/2CjRJPktODLDeHavCNDLGAApple Podcasts: https://podcasts.apple.com/us/podcast/know-time/id1535371851?uo=4CONNECT:Youtube: Subscribe!Instagram: https://www.instagram.com/knowtimetofly/Instagram (Personal): https://www.instagram.com/shalajlawania/Twitter: https://twitter.com/knowtimetoflyTwitter (Personal): https://twitter.com/shalajlawaniaFacebook: https://www.facebook.com/knowtimetoflyReddit: https://www.reddit.com/r/knowtimetofly/Blog: http://www.sadisticshalpy.com/Producer & Host: Shalaj LawaniaTIMELINE0:00 Introduction2:49 Motivations To Become An Entrepreneur15:34 What Personality Traits Do Successful Founders Have?22:55 Finding Co-Founders36:10 Idea vs. Team vs. Timing43:10 Stress Testing 51:34 Do You Need Funding From Venture Capital?59:37 Raising Capital 101: Funding Rounds, Valuation, Dilution & Equity1:13:45 How Much Capital Do You Need?1:17:22 Giving Away Equiity1:20:46 Calculating Company Valuation1:24:35 Deciding Your Salary1:28:08 What Do VC Firms Look For?1:30:50 The Problems With Venture Capital1:38:49 Work-Life Balance1:43:32 Attracting Talent1:54:24 Lego Interpretation1:56:29 Advice for Aspiring Entrepreneurs2:02:52 Meaning of Life#entrepreneur #entrepreneurship #startup