We are excited to announce the release of the latest episode of Fundraising Demystified! In this episode, Jason Kirby talks to Jeff Beck, CEO and co-founder of Answers Now. Jeff, a licensed clinical social worker, shares his experience of raising an oversubscribed Series A of $11 million for his platform that enables support for autism.

Here are the main topics discussed in the episode:

- Jeff's fundraising journey for his healthcare startup

- Tips and tricks for fundraising, including building relationships with VCs as a first-time founder and diligencing potential investors

- Insights into the fundraising landscape and how to succeed

- The complexity of Jeff's business and how they have been able to successfully improve outcomes without the need for in-person visits

- The lessons learned from the convertible note structure

- The challenges of balancing fundraising with running a business

- Tips for founders seeking to raise funds

Here are some key takeaways from the episode:

- It's important to have a clear idea of how much you want to raise and what you want to use it for

- Focus on telling a strong, compelling story to attract investors

- Pay attention to body language when meeting with investors

- Understand the motives behind investor decisions and be prepared for the unexpected

- Focus on building strong teams, being transparent with customers, and prioritizing mental health

Links mentioned:

AnswersNow website: https://getanswersnow.com

Write to Jeff at [email protected]

Hosted by Jason Kirby - https://www.linkedin.com/in/jasonrkirby/

Thunder website - https://thunder.vc

Email Jason at [email protected]

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