Emergence 2022: Capital Raising Insights From Jason Calacanis

3 insights from Jason Calacanis at Emergence 2022:

𝐕𝐚𝐥𝐮𝐚𝐭𝐢𝐨𝐧

15 years a series A round would be around 3-5M dollars. Now we see seed rounds raising this amount with no governance, no lead investor and that’s a recipe for disaster as the company will suffer when the market corrects. He calls it the valuation trap.

“I’m not saying to ask for a lower valuation, but founders, investors and board members should be aware of the risks of a wrong valuation. Those crazy high valuations we’ve seen during COVID, they’re gone. such as Snowflake, Peloton, Doordash.”

𝐖𝐡𝐚𝐭 𝐬𝐞𝐜𝐭𝐨𝐫 𝐞𝐱𝐜𝐢𝐭𝐞𝐬 𝐲𝐨𝐮 𝐭𝐡𝐞 𝐦𝐨𝐬𝐭?

His excitement is not dependent on the sector but on the founder; However, he mentions:

▪️ FinTech

▪️ Marketplace

▪️ SaaS

▪️ Consumer software and consumer subscriptions

𝐖𝐡𝐚𝐭 𝐚𝐫𝐞 𝐭𝐡𝐞 𝐦𝐨𝐬𝐭 𝐢𝐦𝐩𝐨𝐫𝐭𝐚𝐧𝐭 𝐪𝐮𝐚𝐥𝐢𝐭𝐢𝐞𝐬 𝐲𝐨𝐮 𝐥𝐨𝐨𝐤 𝐟𝐨𝐫 𝐢𝐧 𝐚 𝐟𝐨𝐮𝐧𝐝𝐞𝐫?

High energy, resilience and grit.

Grit alone isn’t enough. You need to be able to recruit and build a great product.

📍 He also shared his thoughts on the blockchain, web3 and strategic investors.

Would you like part 2 with these topics?

#angelinvestor#emergence2022#wholesaleinvestor#capitalraising

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