Why Venture Capital Might Be The Wrong Way to Fund Your Startup episode artwork

EPISODE · Oct 30, 2022 · 34 MIN

Why Venture Capital Might Be The Wrong Way to Fund Your Startup

from A SEAT at THE TABLE: Helping business leaders grow their influence · host Nick Fogle, Founder & CEO, Churnkey

Mention venture capital and everyone imagines multi-million dollar rounds of funding, the thrill of founding the next unicorn - all leading to a windfall of cash when the company has its IPO.At least that what’s become somewhat of an urban legend.The reality can be quite a bit different.  The road from startup to cashing out is typically frustrating, frenzied and at times even frightening. I’m Jane Singer and thanks for joining me here and being part of our international community.  Today we’re joined by Nick Fogle, Founder & CEO of Churnkey, who shares some advice and cautionary tales about the pros and cons of venture capital.  Nick  fought through the 2008 recession and bootstrapped his side business, Wavve, and eventually sold the company for a mid 7-figure sum. Taking everything that he learned from gaining venture capital and customer retention, Nick then founded Churnkey. In this episode Nick talks about:The Potential Pit Falls of Venture CapitalThe Highest Impact Areas Where A Founder Should Invest Their Time The Top 3 Lessons He Learned While Fielding Acquisition Offers And Ultimately Being Acquired… and much more!Whether you’ve got heaps of venture capital funding, are an established corporate or are bootstrapping it, you need good people on board. One of the biggest challenges companies face is trying to find top talent - particularly to fill critical leadership roles.  Nowadays, having the right people can really determine a company’s success or failure.That’s why top corporations and even smaller enterprises rely on Asianet Consultants to help them fill key positions.  Since 1988 Asianet has been working in partnership with its global clients to help them make the right strategic hires.  They have a well-earned reputation for being able to fill even those difficult to fill positions.So if you need to recruit new talent - or think that you might be doing that soon, head on over to their website. That’s asiannetconsultants.com. Now let’s sit down with Nick and get the inside track on venture capital funding. USEFUL LINKSConnect with Nick Fogle:Churnkey website:Asianet Consultants website:   https://www.asianetconsultants.com/SEND US A MESSAGEVisit A Seat at The Table's website at https://seat.fm

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Mention venture capital and everyone imagines multi-million dollar rounds of funding, the thrill of founding the next unicorn - all leading to a windfall of cash when the company has its IPO. At least that what’s become somewhat of an urban legend. The reality can be quite a bit different. The road from startup to cashing out is typically frustrating, frenzied and at times even frightening. I’m Jane Singer and thanks for joining me here and being part of our international comm...

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Why Venture Capital Might Be The Wrong Way to Fund Your Startup

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This episode was published on October 30, 2022.

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