This Week in Startups Paul Judge on helping lead SoftBank’s $100M Opportunity Fund, future of fundraising, importance of “building your Olympic Team” & more | Angel S5 E9
Mar 18, 2021
Join Paul Judge, a managing partner at Panoramic Ventures and a member of SoftBank's Opportunity Fund, as he shares insights on empowering diverse startup founders. He discusses the evolution of fundraising and the increasing importance of building strong teams to attract investors. Paul emphasizes the significance of creating networks for underrepresented entrepreneurs and highlights unique advantages that diversity brings to tech. The conversation also touches on the influence of celebrities in the investment realm and the importance of systemic change for equity.
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Flipped Due Diligence
- Get to know the person before diligencing the company.
- Now, diligence information is upfront, and socialization happens after investment.
Upfront Information
- Founders now provide all information upfront, including diligence documents and funding status.
- This streamlined approach allows investors to quickly assess opportunities and make faster decisions.
Team and Customers First
- Focus on building a strong team and acquiring customers before seeking investors.
- Demonstrate customer traction and team credibility to increase your chances of securing funding.