Dec 11, 2019
About this nugget:
This nugget was pulled from episode 254 from an interview with Ron Suber, fintech investor, board member and mentor. It’s on founders preparing themselves to fundraise.
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In this nugget we have Ron Suber, fintech investor, board member and mentor, this nugget is on how founders can prepare themselves in ways that investors actually care about. To a seasoned investor, writing a check is a process, not a sales pipeline. New founders often make the mistake of pitching the wrong investor and doing it incorrectly. In most cases, an investor who doesn’t understand a model, will not invest, when an investor uncovers orange and red flags they will stop or significantly delay an investment commitment. So how do seasoned founders do it? Ron reveals the things he looks for which lines up perfectly with the best practices from the hundreds of fintech founders who’ve been interviewed on Bank On It.
What is a nugget of the week?:
The host John Siracusa has recorded over 270 episodes as the host of the Bank On It & Before the A fintech podcasts where he interviews founders building the future of fintech and the VCS/Angels who fund them.
With each interview there’s this wow moment when the person interviewed has shared something really special, unique or a reminder on how founders or investors should think. So, here we are delivering those moments to you in the form of a bite sized nugget.
About Ron Suber:
Ron is part entrepreneur, executive, sales, marketing, branding, mentor, student and coach.
He likes to share observations and lessons from his experience on Wall Street, fin-tech and online lending in presentations globally.
He has a history of creating and executing successful strategies, raising debt and equity for fin-tech ventures, collaborating and having fun on winning teams. Enjoys engaging with entrepreneurs to help with their marketing, product development, sales process, hiring, focus and execution of key metrics.
About the host:
John, is the host of the ‘Bank On It’ podcast recorded onsite in Wall Street at Carpenter Group, and 'Before the A' podcast recorded onsite in Flat Iron at Barclays/Techstars Rise NYC. He’s a highly sought after fintech, VC and financial services industry enthusiast and connector. He’s in the center of the fintech ecosystem, keeping current with the ever-innovating industry. Stay in the fintech know by subscribing to ‘Bank On It’, ‘Before the A’