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Equity

Special episode: How to pitch a Series A (TechCrunch Live Podcast)

Equity

TechCrunch

Entrepreneurship, Business News, News, Business, Technology

4.2372 Ratings

🗓️ 23 December 2022

⏱️ 55 minutes

🧾️ Download transcript

Summary

This week, the Equity team is spotlighting one of our sister podcasts: TechCrunch Live.  Matt Burns hopped on the mic with Jenny Lefcourt from Freestyle Partners and Guillaume de Zwirek, CEO and co-founder of WELL Health, to talk all about raising a Series A and specific steps for founders to follow. As you’ll hear from Lefourt and de Zwirek, there are notable differences between raising a seed round and a Series A round. Investors look at different aspects of the company, and the founder must prepare for the fundraising differently. Rather than selling a story, they’re selling a company. To help even more founders, Lefcourt prepared a blog post to go along with her TechCrunch Live appearance that goes even deeper into raising a Series A.  If you want to hear more shows like this, don't forget to take our listener survey and enter for a chance to win a free year of TC+! Equity drops every Monday, Wednesday and Friday at 7 a.m. PT, so subscribe to us on Apple Podcasts, Overcast, Spotify and all the casts. TechCrunch also has agreat show on crypto, ashow that interviews founders, ashow that details how our stories come togetherand more! Credits: Equity is produced by Theresa Loconsolo with editing by Kell. Bryce Durbin is our Illustrator. We'd also like to thank the audience development team and Henry Pickavet, who manages TechCrunch audio products. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

Hey everyone it's Becca Scutak from Equity and Found and today we're doing

0:14.4

something a little different we're spotlighting one of our sister pods from the

0:17.9

Tech Runch podcast network Tech Runch Live. Each week TC's fabulous

0:21.9

Matt Burns goes live with experienced founders and successful investors to talk all about building startups and here's one of our favorite sessions.

0:31.0

Hey everyone, this is Tech Runch's Live where we help founders build better venture-backed

0:34.8

businesses. I'm Matt Burns and I have a confession to make. I've never raised capital

0:40.5

for a startup. I've worked at Tech Runch since 2008 and I'm not an entrepreneur. I don't have what it takes. But today's topic is raising a series A and so that's why you should listen to Jenny LaCord and Giam DeZerik and on today's show together.

0:55.2

Now they're going to walk us through the different steps on what it takes to raise a series

0:59.2

a. And we're talking about the difference between a seed stage and a series A and what documents are needed for both and how to manage investor expectations and raising both rounds.

1:09.0

Now, I've raised a capital, but I can still do math and between the two of them they've raised over 300 million dollars and that's a whole lot so they know what it takes to get an investor to sign a check.

1:20.0

I hope you find stay's event helpful and interesting but there's more.

1:24.0

Jenny wrote a blog post today and we published it on Tech Crunch about two hours ago

1:28.8

with these specific steps on what she feels are the steps needed to raise a

1:33.3

series A. You can Google it by just googling Tech Crunch how to

1:37.1

fundraise a series A or it should be in the chat right now in all the

1:41.4

different platforms. And speaking to platforms, if you're in GRIP,

1:44.6

that would be great.

1:45.5

I know we stream on YouTube, Facebook, and Twitter,

1:48.7

but on GRIP, you can jump in and ask questions,

1:50.9

which I'll be asking today and interact with the pitch practice and it's a great time.

1:55.6

One more thing next week Tech Crunch Live is taking a virtual trip to Minneapolis, Minnesota.

2:02.2

We have a very special extended episode planned and I have two

...

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