In this episode, Shane Neman, an angel investor and founder shares his entrepreneurial journey from starting businesses during the dot com bust, facing failure on his initial tech venture, to selling his companies and transitioning to investing.
As an investor, he looks for game-changing ideas and founders who don't necessarily need the money. Neman provides tips for founders on standing out in a crowded market, getting in front of investors, making good impressions, growing their businesses and raising money.
He also covers the challenges of getting out of deals and generating returns. This story can inspire founders to look beyond traditional paths and explore how their unique capabilities can address unmet needs in diverse sectors.
Here's what you're in for:
00:42 Shane Neman's entrepreneurial background
09:08 Transitioning to investing
12:15 Writing the book 'Nightly Lessons'
15:32 Struggles with fundraising and capital
23:03 Investing in early-stage ventures
31:30 Asking questions to test founders
35:28 Getting in front of investors
36:07 Making a good first impression
42:13 Getting out of deals and generating returns
47:54 Advice for founders chasing capital
This episode is sponsored by ThunderVC, an investment bank for founders by founders.
Raising capital? Get a list of vetted VCs for FREE here: https://web.thunder.vc/list-of-investors-vcs-for-founders
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Shane Neman is a serial entrepreneur and investor. As the CIO and General Partner of Neman Ventures, Shane dedicates himself to uncovering unique and often overlooked investment opportunities that offer significant potential for growth and innovation with a robust portfolio that includes over 50 startups. His expertise spans various asset classes, including venture capital, private equity, and real estate.
A graduate of NYU with a degree in Computer Science, Shane's entrepreneurial journey began in the tech sector, where he founded three startups, two of which—EZ Texting and JoonBug—achieved successful acquisitions.
He was also recognized as a recipient of the prestigious Barry M. Goldwater scholarship and membership in the Phi Beta Kappa academic honor society.
Shane authored NightLife Lessons: How I Conquered the Business of Partying with Tech and a Glimpse Into its Future, manages various property types, and oversees a portfolio of over 20 properties in major metropolitan cities across the U.S.
Connect with Shane Neman on:
Linkedin: https://www.linkedin.com/in/shaneneman/
Website: https://www.shaneneman.com/
Instagram: https://www.instagram.com/shaneneman/reels/
X: https://twitter.com/shaneneman
Facebook: https://www.facebook.com/nemanshane
ABOUT FUNDRAISING DEMYSTIFIED
Our goal is simple: to equip you with the knowledge, inspiration, and guidance to navigate the labyrinthine world of fundraising. Whether you're a budding entrepreneur seeking seed funding or an established founder looking to scale your business, this podcast will provide you with the tools you need to conquer the fundraising landscape.
Thank you for being a loyal subscriber to Fundraising Demystified. We appreciate your support and are excited to continue bringing you more inspiring stories from successful founders.
Jason Kirby is the co-founder of Thunder VC. He is a serial entrepreneur with 4 multi-million exits and decades of experience in fundraising and business building. He has coached hundreds of entrepreneurs in his career on fundraising, investing, capital strategy, and business development.
You can reach out to Jason through:
LinkedIn: https://www.linkedin.com/in/jasonrkirby/