The Pitch Season 13 Finale: Founders Flip the Script
19 snips
Jun 26, 2025 Mike Burton, founder of Lock Stop, shares his journey in creating a secure bike lock that revitalizes bike racks. He discusses the evolving power dynamics between founders and venture capitalists, highlighting the challenges of negotiating investments and the importance of clear communication. Listeners get rapid updates on innovative businesses and their journeys, showcasing successful fundraising strategies and the shift towards empowering founders in the venture capital landscape. Expect insights into the emotional aspects of fundraising and the creative pivots that drive growth.
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Founder Ghosted By VC
- Mike Burton shared his experience with a VC named Jesse who wanted to invest but was ghosted after pitching.
- He decided to focus on investors who communicate and share his vision immediately.
Founders Flip VC Power Dynamics
- Founders now realize they have power to reject old venture capital norms.
- Those VCs who keep playing by outdated rules risk being left behind.
Communicate to Build Investor Trust
- Maintain prompt communication to build trust with investors.
- Lack of response can close doors that might otherwise stay open.