Produced by Foundersuite.com, "How I Raised It" goes behind the scenes with startup founders who have raised capital. This episode is with Sean Byrnes of Outlier.ai. Outlier makes a business intelligence platform designed to monitor business data and notify customers when unexpected changes occur. Previously, Sean founded Flurry, a mobile analytics company acquired by Yahoo for $300 million.

Outlier recently raised $6.4 million of Series A venture funding led by Ridge Ventures. First Round Capital, Homebrew, Susa Ventures, 11.2 Capital and SV Angel also participated in the round.

In this wide-ranging interview, Sean talks about VC fund lifecycles, how the fundraising "process" has changed since his Flurry days, balancing the distraction of fundraising vs. the need for more capital, how he used the VC process as customer development, deal terms to watch out for, how to get the most out of board meetings and much more.