Ep. 107: The Future of Fundraising—with Joris Delanoue & Thibauld Favre of Fairmint

When serial entrepreneurs Thibauld Favre and Joris Delanoue joined forces to build the future of fundraising, the Frenchmen chose San Francisco as their home base in large part because of its investor mindset. So, how do Silicon Valley VCs think differently from other investors around the globe? Thibauld and Joris are the Cofounders of Fairmint, a continuous financing instrument that allows startups to raise money WHILE they build—rather than taking time away from business to pitch investors. The Fairmint model is built around community alignment, putting equity in the hands of a company’s employees, customers, partners and fans. Both Thibauld and Joris have ten-plus years of experience building successful tech companies, and they are on a mission to transition the world to stakeholder capitalism.  On this episode of Boost VC, Thibauld and Joris join us to explain what differentiates the Fairmint system from traditional fundraising and how the platform makes everyone their own exchange. They introduce us to the idea of a CrypTech company, describing the role the blockchain plays in Fairmint’s infrastructure and sharing their own personal evolution as Bitcoin enthusiasts. Listen in for insight around the Silicon Valley investor mindset and find out why Thibauld and Joris moved to California, where VCs will take a risk on ‘rational people doing irrational things.’ Topics Covered What Joris & Thibauld do at FairmintGet equity into hands of stakeholdersProvide continuous financing instrument How Fairmint differs from traditional fundraisingRaise money WHILE you buildContinuous Agreement of Future Equity (CAFE) Joris & Thibauld’s shared vision for FairmintDemocratize access to wealth‘Everyone is their own exchange’ What makes Fairmint a CrypTech companyNew financial instrument = FinTechBenefit to using blockchain in stack Why Joris & Thibauld ended up in Silicon ValleyProvides worldwide marketAffords company credibility The potential digitization of Silicon ValleyImportant for founders to spend time thereTeam doesn’t have to be there (distributed execution) The Silicon Valley investor mindsetWilling to take risks to find deal firstAccept rational people doing irrational things Joris & Thibauld’s definition of successImpact society by changing economyDo work kids can be proud ofConnect with Joris & Thibauld Fairmint https://fairmint.co/  Fairmint on Twitter https://twitter.com/fairmintCOFairmint on GitHub https://github.com/fairmint/Fairmint on LinkedIn https://www.linkedin.com/company/fairmint/Thibauld on LinkedIn https://www.linkedin.com/in/thibauld/Joris on LinkedIn https://www.linkedin.com/in/delanoue/ Resources Singularity University https://su.org/  Allmyapps https://www.linkedin.com/company/allmyapps/  Bitcoin Whitepaper https://bitcoin.org/bitcoin.pdfNexteem https://www.linkedin.com/company/nexteem/IDEO https://www.ideo.com/Adam’s Post on Delaware C-Corps https://twitter.com/AdamDraper/status/1334702452684156934 Connect with Boost VC Boost VC Website https://www.boost.vc/Boost VC on Facebook https://www.facebook.com/boostvc/Boost VC on Twitter https://twitter.com/BoostVCBoost VC on Instagram https://www.instagram.com/boost_vc/