How do you raise capital from investors without giving up control of your business?
Answered independently in 2 episodes. Every line below is verbatim from the transcript, timestamped to the moment it was said.
What the archive says
01Investors in a syndication are passive: they own an interest in the deal entity, not your parent company, so raising outside money does not require giving up control of your business. source →
02Capital raising is a team sport; investors doubt a founder doing everything alone, so assemble a CPA, attorney and operators and lead with the team's collective track record. source →
03Capital raising is a team sport: assemble a CPA, an attorney and operators so investors see execution capability rather than one person doing everything. source →
04In a syndication the investors own a piece of the specific deal, not your parent company, so raising money doesn't mean handing over control of your business. source →
What was actually said
All I knew how to do was just raise capital and I knew that I could find the team, get a CPA, get an attorney, you build the team of people. Couple of raising is a team sport. Most investors are going to look at somebody and if you're doing everything in the business, there's going to be doubt.
I'm showing me how to raise capital from investors. And so that's what I did. And after a couple of years, just kind of decided to that on myself.