Produced by Foundersuite.com, "How I Raised It" goes behind the scenes with startup founders who have raised capital. This episode is with Matt Randall of Life By Spot (www.lifebyspot.com) a provider of short-term life insurance for adventure seekers and active travelers.

The Company raised $5.83 million led by Silverton Partners along with Zeno Ventures and Plug and Play Tech.

In this episode, Matt talks about how they can profitably underwrite skydiving, lawnmower racing, and other "adventure sports," raising an oversubscribed round from angels and HNW individuals, the risk of letting VCs in too early, how to ask for advice from a VC, they Austin startup scene, key terms to pay attention to, and much more.

This series is produced by Foundersuite, makers of software to raise capital and manage investor relations. Learn more at www.foundersuite.com.