Venture Capital

In this episode, we discuss if Venture Capitalists are evil. We discuss why entrepreneurs feel like VCs are evil.

And please forgive us for the audio quality. Jon forgot to turn the recording device on for the microphones. 

Peter Harris
University Growth Fund: https://www.ugrowthfund.com/
Instagram: https://instagram.com/shodanpete?igshid=YmMyMTA2M2Y=
Twitter: https://twitter.com/thevcstudent
YouTube: https://youtube.com/channel/UCAHrQUxcm_Oa1t3emwttpAQ

Jon Bradshaw
Instagram: https://www.instagram.com/mrjonbradshaw/
LinkedIn: https://www.linkedin.com/in/mrbradshaw/
Twitter: https://twitter.com/mrjonbradshaw

Much has changed in the last few years, and in 2022 we want do know if profitability still matters to VCs.

Over the past few years, VCs have pounded on the drum of growth at almost any cost. Startups have been flooded with billions of dollars to fuel growth.

Now in light of the current recession and financial situation join us as we discuss if and how this approach has changed.

Venture Capital Podcast
Website: www.VentureCapital.fm
Apple Podcasts: https://podcasts.apple.com/us/podcast/venture-capital/id1575351789
Spotify: https://open.spotify.com/show/7BQimY8NJ6cr617lqtRr7N?si=ftylo2qHQiCgmT9dfloD_g
YouTube: https://youtube.com/channel/UCtPaub_8VrJ8gWj5RXcdYkw
Instagram: https://instagram.com/venturecapitalfm?igshid=YmMyMTA2M2Y=

Peter Harris
University Growth Fund: https://www.ugrowthfund.com/
Instagram: https://instagram.com/shodanpete?igshid=YmMyMTA2M2Y=
Twitter: https://twitter.com/thevcstudent
YouTube: https://youtube.com/channel/UCAHrQUxcm_Oa1t3emwttpAQ

Jon Bradshaw
Instagram: https://www.instagram.com/mrjonbradshaw/
LinkedIn: https://www.linkedin.com/in/mrbradshaw/
Twitter: https://twitter.com/mrjonbradshaw

Should you take money from a corporate venture arm? 

Here are some quick Pros and Cons of doing so:

Pros:

• They can be very strategic in making industry connections (especially with other companies they have invested in
• They can often become a customer themselves
• Bring technical expertise and resources unavailable to early-stage venture companies

Cons:

• Often have conflicting mandates, invest for return and invest in finding acquisitions
• Due to incentives many of the partners at CVC’s leave (which is your internal champion)
• At times there are inferior terms (exclusivity on acquisitions, Right of first refusal, and in the worst case invest to stamp out competition).
• While they could become customers, CVCs are often on an island and don’t speak for the company in becoming a customer

Peter and Jon share if they feel- "Utah is better at sales driven SaaS business but not so great when it comes to product led growth SaaS businesses"

While Jon personally takes offence, Peter has his reasons to believe in the statement.

Startups like Scan which didn't find any investors in Utah were the biggest buzz news once Snapchat showed interest. 

Have Utah product businesses found better takers outside of Utah?

Or are things changing?

Share what do you think on our Instagram/ LinkedIn/ Youtube page!

Follow Peter Harris

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LinkedIn: https://www.linkedin.com/in/peterharris1

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Youtube: https://youtu.be/Hy9DsuFzTH4

Follow University Growth Fund

Website: https://www.ugrowthfund.com/

LinkedIn: https://www.linkedin.com/company/university-growth-fund/

Instagram: https://instagram.com/ugrowthfund

Follow Jon Bradshaw

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Twitter: https://twitter.com/mrjonbradshaw

Youtube: https://youtu.be/spRuy517if0

In this episode, we discuss a LinkedIn post from Travis Ashby. He talks about one of his friends, a startup CMO, that was fired by their VCs just "weeks" before his vesting cliff happened.

Here's the link to the post: https://www.linkedin.com/posts/travisashby_letsdobetter-peoplefirst-culturematters-activity-6970740998289195008-_Co-

Peter and Jon share their thoughts on why this happened, how it can be prevented, and what can be learned from this situation. 

Venture Capital Podcast
Website: www.VentureCapital.fm
Apple Podcasts: https://podcasts.apple.com/us/podcast/venture-capital/id1575351789
Spotify: https://open.spotify.com/show/7BQimY8NJ6cr617lqtRr7N?si=ftylo2qHQiCgmT9dfloD_g
YouTube: https://youtube.com/channel/UCtPaub_8VrJ8gWj5RXcdYkw
Instagram: https://instagram.com/venturecapitalfm?igshid=YmMyMTA2M2Y=

Peter Harris
University Growth Fund: https://www.ugrowthfund.com/
Instagram: https://instagram.com/shodanpete?igshid=YmMyMTA2M2Y=
Twitter: https://twitter.com/thevcstudent
YouTube: https://youtube.com/channel/UCAHrQUxcm_Oa1t3emwttpAQ

Jon Bradshaw
Instagram: https://www.instagram.com/mrjonbradshaw/
LinkedIn: https://www.linkedin.com/in/mrbradshaw/
Twitter: https://twitter.com/mrjonbradshaw

Have you ever invested in a friend's business? What happened?

On this episode, we discuss the pro's and con's of supporting your friends.

Disclaimer: This is for educational purposes only. Always consult proper legal and financial advisors.

Venture Capital Podcast
Website: www.VentureCapital.fm
Apple Podcasts: https://podcasts.apple.com/us/podcast/venture-capital/id1575351789
Spotify: https://open.spotify.com/show/7BQimY8NJ6cr617lqtRr7N?si=ftylo2qHQiCgmT9dfloD_g
YouTube: https://youtube.com/channel/UCtPaub_8VrJ8gWj5RXcdYkw
Instagram: https://instagram.com/venturecapitalfm?igshid=YmMyMTA2M2Y=

Peter Harris
University Growth Fund: https://www.ugrowthfund.com/
Instagram: https://instagram.com/shodanpete?igshid=YmMyMTA2M2Y=
Twitter: https://twitter.com/thevcstudent
YouTube: https://youtube.com/channel/UCAHrQUxcm_Oa1t3emwttpAQ

Jon Bradshaw
Instagram: https://www.instagram.com/mrjonbradshaw/
LinkedIn: https://www.linkedin.com/in/mrbradshaw/
Twitter: https://twitter.com/mrjonbradshaw

How do you network with venture capitalists in 2022?

In this episode, we talk about unique networking ideas to connect with your ideal VC.

Peter and Jon discuss the extent to which people go to meet and work with VC's, such as booking a private jet.

How do you network with VC's besides waiting for them to come to you.

Venture Capital Podcast
Website: www.VentureCapital.fm
Apple Podcasts: https://podcasts.apple.com/us/podcast/venture-capital/id1575351789
Spotify: https://open.spotify.com/show/7BQimY8NJ6cr617lqtRr7N?si=ftylo2qHQiCgmT9dfloD_g
YouTube: https://youtube.com/channel/UCtPaub_8VrJ8gWj5RXcdYkw
Instagram: https://instagram.com/venturecapitalfm?igshid=YmMyMTA2M2Y=

Peter Harris
University Growth Fund: https://www.ugrowthfund.com/
Instagram: https://instagram.com/shodanpete?igshid=YmMyMTA2M2Y=
Twitter: https://twitter.com/thevcstudent
YouTube: https://youtube.com/channel/UCAHrQUxcm_Oa1t3emwttpAQ

Jon Bradshaw
Instagram: https://www.instagram.com/mrjonbradshaw/
Twitter: https://twitter.com/mrjonbradshaw

We were recently asked by a friend what a startup CTO's salary should be for a company with little to no revenue.

Peter and Jon decided to ask their network what "fair" compensation would be. Please remember that most individuals were making a recommendation only on partial information.

We presented the following to each individual.

What are the current terms for a Startup CTO?

- He makes $200,000 with $50,000 in equity and other benefits at his current job
- He’s willing to take a salary of $150,000
- The startup just raised $1M from a “notable” VC
- No details on the $1M raise is known
- Revenue is $5,000 MRR or less

The startup is asking him to make an offer.

I told them to put it back on them, and for him to also ask about:

- Total shares outstanding
- Details on the current cap table
- Current price for common stock

Venture Capital Podcast
Website: www.VentureCapital.fm
Apple Podcasts: https://podcasts.apple.com/us/podcast/venture-capital/id1575351789
Spotify: https://open.spotify.com/show/7BQimY8NJ6cr617lqtRr7N?si=ftylo2qHQiCgmT9dfloD_g
YouTube: https://youtube.com/channel/UCtPaub_8VrJ8gWj5RXcdYkw
Instagram: https://instagram.com/venturecapitalfm?igshid=YmMyMTA2M2Y=

Peter Harris
University Growth Fund: https://www.ugrowthfund.com/
Instagram: https://instagram.com/shodanpete?igshid=YmMyMTA2M2Y=
Twitter: https://twitter.com/thevcstudent
YouTube: https://youtube.com/channel/UCAHrQUxcm_Oa1t3emwttpAQ

Jon Bradshaw
Instagram: https://www.instagram.com/mrjonbradshaw/
Twitter: https://twitter.com/mrjonbradshaw

In this episode, we talk about how you get the most out of your latest financing round.

Many startups are raising at much lower valuations than they did 6, 12, or 18+ months ago.

Peter talks about the current market trends and how companies in a tight spot can get a better valuation.

Venture Capital Podcast
Website: www.VentureCapital.fm
Apple Podcasts: https://podcasts.apple.com/us/podcast/venture-capital/id1575351789
Spotify: https://open.spotify.com/show/7BQimY8NJ6cr617lqtRr7N?si=ftylo2qHQiCgmT9dfloD_g
YouTube: https://youtube.com/channel/UCtPaub_8VrJ8gWj5RXcdYkw
Instagram: https://instagram.com/venturecapitalfm?igshid=YmMyMTA2M2Y=

Peter Harris
University Growth Fund: https://www.ugrowthfund.com/
Instagram: https://instagram.com/shodanpete?igshid=YmMyMTA2M2Y=
Twitter: https://twitter.com/thevcstudent
YouTube: https://youtube.com/channel/UCAHrQUxcm_Oa1t3emwttpAQ

Jon Bradshaw
Instagram: https://www.instagram.com/mrjonbradshaw/
Twitter: https://twitter.com/mrjonbradshaw

Peter Harris provides a quick update on recent investments by the University Growth Fund.

Join us as Peter shares his analysis, thoughts, and strategies.