Ep 5 - Paweł Maj

🎙️ Get ready for an insightful dive into the world of venture capital and angel investing with today's guest, Paweł Maj. With over 20 years of experience as a Polish Business Angel and VC investor, Paweł brings a wealth of knowledge from his tenure at renowned funds like Skyline Ventures, bValue, and Warsaw Equity Group. As a board member of over 30 startups and companies, Paweł is a prominent figure in the Polish VC ecosystem, renowned for his thought-provoking articles and data-driven insights shared on platforms like LinkedIn and Medium.Discover:The divergent approaches to evaluating startups as a VC fund versus a Business Angel.The metrics that founders of B2B SaaS startups should always have in the back of their headsThe evolving investor mindset towards sustainable growth and its implications for startup strategies.The reason why investors are not willing to share negative feedback on team due diligence with the founders.Critical factors founders must consider regarding their cap table to maintain attractiveness to investors.Paweł's candid reflections on why he did not invest in LiveChat and the dual-edged sword of public LP funding for fund managers.Links to the articles that were discussed during the interview:https://medium.com/@pawel_maj/100-uzasadnie%C5%84-vcs-dlaczego-nie-zainwestuj%C4%85-fd823912020dhttps://medium.com/@pawel_maj/an-uninvestable-startup-46feb1f8f8a8https://medium.com/@pawel_maj/300-questions-every-vc-will-ask-a-startup-7aecab846fbcPaweł's book recommendations:Scott Kupor - Secrets of Sand Hill Road: Venture Capital and How to Get ItSzymon Janiak - Start-up i Venture CapitalDuring our conversation, Paweł offers a vivid analogy for the dynamic between VC funds and startups, likening it to "a relationship with a divorce at the end". I believe this is the best description of this connection I have heard in a long time.Without further ado, let's dive into today's engaging conversation filled with invaluable insights for both investors and entrepreneurs alike! 🚀 Hosted on Acast. See acast.com/privacy for more information.