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Asking VCs for Money

Asking VCs for Money

Written by: Aaron Harris
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About this listen

I’m Aaron Harris. I was a partner at Y Combinator for 7.5 years and now run Magid and Company. For the last decade, I’ve been obsessed with one question: How do founders fundraise? On Asking VCs for Money, I’ll be talking to founders about…well…asking VCs for money. We’ll talk about what they actually did - the tactics and strategies that led to success - how they met investors, how they prepared their pitches, and how they negotiated term sheets. I’m going to focus on process and particulars here, not grand pronouncements or hacks. I hope you learn something that helps you the next time you fundraise.2022-2023 Magid & Co. Economics Leadership Management & Leadership Personal Finance
Episodes
  • How Alex Bouaziz raised $14 million Series A for Deel
    Dec 6 2022

    *******

    We're preparing an advice episode and we want your questions!

    Have questions about how to meet investors, assemble a perfect pitch deck, and land an ideal term sheet? Send them in to raise@magidandco.com or tweet to @harris and I'll answer them in a future episode. 

    *******

    Alex Bouaziz, CEO of Deel, believes that founders should be cautious about raising too much money. Bouaziz sees fundraising as a process of founders selling off parts of their company to investors who want to buy, and stresses that your company is too valuable to sell off with too much dilution. In this episode, Bouaziz also discusses how the company transformed its presentation through rounds of iteration between fundraises, and why Andreessen Horowitz was ultimately the right match for Deel. 

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    42 mins
  • How Raphael Ouzan raised a $55 million Series A for A.Team
    Nov 28 2022

    Raphael Ouzan shares how he went from being just "a kid trying to do startups" around France, to "a kid trying to do startups" with a $55 million Series A under his belt. Raphael's philosophy with A.Team is that a good team is everything, and that philosophy extends to how he approaches fundraising. Raphael shares how he sees the most important aspect of fundraising is the team you're bringing into your company. Plus Raphael describes the mindset he brings when enlisting the likes of leadership expert Adam Grant and Jay-Z's Roc Nation VC to care about, and ultimately invest in his business. 

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    30 mins
  • Send in your fundraising questions!
    Nov 21 2022

    We're taking the week off for Thanksgiving, but we're preparing an advice episode and we want your questions!

    Have questions about how to meet investors, assemble a perfect pitch deck, and land an ideal term sheet? Send them in to raise@magidandco.com and I'll answer them in a future episode. 

    Happy Thanksgiving!

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    1 min
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