Folklore Ventures’ Post

Finding it hard to raise? Then get some traction in global markets! Yes, I know this is somewhat controversial but hear me out.... International expansion, and traction in new markets show that a company is scalable In fact, it shows the company is GLOBALLY scalable And investors want a company with SCALABILITY As they make money when the multiple goes up 🎯 But here is the trick – be wise with money and do MORE with LESS!!! Use relatively inexpensive growth strategies ie. Partner-driven GTM vs direct selling Use relatively inexpensive hiring strategies ie. hiring an expansion manager vs the experienced MD A founder that can use investor money wisely, is a founder that will raise!

𝗪𝗵𝘆 𝗱𝗼 𝗳𝗼𝘂𝗻𝗱𝗲𝗿𝘀 𝘂𝘀𝗲 𝘁𝗵𝗲 𝗲𝗺𝗯𝗲𝗱𝗱𝗲𝗱 𝗺𝗼𝗱𝗲𝗹? 👇 At Bond Global we work with innovative CleanTech, DeepTech, and Biotech scale-ups, putting us at the forefront of exciting technologies. 🚘🚀🧬🧪 But scaling a company brings universal challenges… A top priority for founders after securing funding, is hiring. It is essential to build a strong foundation. However, being involved doesn’t mean micromanaging every detail. Instead, the focus should be on the later stages, like final interviews and offers. Outsourcing these critical steps to agencies without oversight can be risky. You need to ensure your visions, values, and culture are clearly communicated to candidates. 🗣 That’s where we step in 🏃♀️ Our embedded model offers a flexible subscription that allows founders to focus on the product while we handle sourcing, scheduling, administration, and reporting - all within one team. It’s all about allowing founders to protect their culture bar by keeping them involved at the right steps. 👣 Ben Rutter Robert Hussey Lauren Peake Christina (Smith) Harris Shaun Robinson #embedded #bondglobal

Raise a search fund or self-funded? The 'economics' aren't the biggest factor ⤵️ Fundamentally, you're choosing between two different career paths: 1️⃣ Traditional Search Fund operators are CEOs. The job is to bring professional management to a small or mid-sized business and build profitability. 👉 You step in on 'Day 1' as the CEO with a smaller equity stake (~15%) and the opportunity to increase your compensation in line with business success 👉 You report to your Board of Directors 👉 You are not 'The' owner, you are a minority stakeholder 👉 Optimizing for an exit within 7-10 years 2️⃣ Self-funded Searchers are owner-operators, not CEOs. There is no 'c-suite' of management for you to lean on. 👉 You step in on 'Day 1' as the owner with a majority equity stake (~80%). Your compensation grows or falls with the value you create in the business 👉 You do not report to a Board, although you may have minority investors 👉 You are 'The' owner. Everything falls on you 👉 You may never exit the business 💡 Here's the takeaway- if you're successful, you're going to make plenty of money regardless of the route you take. Satya Nadella owns 0.01% of Microsoft and he's doing just fine 😎 It's not about owning the whole pie; it's about owning a portion of a much more valuable pie. The real question is: ❓ Do you want to be the CEO of a middle-market company? OR, ❓ Do you want to be the owner-operator of a 'main street' business? There's no right or wrong answer- it just depends on you. Want to learn more about how Search is actually done? Follow ➡️ Jed Morris

"(Most) VCs offering intros for hiring are by far the most useless offers. Every investor offered it and every single one has been complete garbage." I find in some cases that founders feel the pressure to use these offers, only to find them falling short of expectations. It's not just about the offer ... it's about the execution and authenticity behind it. The founder we just interviewed explains this in more detail 👇🏻

📣 We are hiring! If you are interested in helping immigrants start companies and our values (see below) resonate with you, we'd love to have you apply! Please comment, tag, or repost if you have some candidates we should talk to. ---- Unshackled Ventures 2024 Values: Truth + Transparency = Trust Truth combined with transparency results in trust. These components are foundational for building lasting relationships and creating an environment where everyone can thrive. With truth and transparency, we establish deep trust fast. Pursuing Change with Purpose Our entrepreneurial spirit is always guided by purpose. We respect the courage to take intentional risks to make something wonderful. We honor the human journey that encompasses curiosity, initiative, and grit. Velocity is Essential Time is valuable, so advancing with speed and alignment is crucial. In this process, we are mindful of energy and stamina while meeting the organization's requirements. We prioritize recovery because it marks the beginning of the next sprint. Beyond Professional We treat people with compassion, recognizing their inherent dignity. We demand the highest levels of performance from ourselves and our team, guided by empathy and a commitment to supporting the well-being and growth of those we connect with. We Love to Play, Compete, and Win The journey of improvement and impact is exhilarating; competition in the spirit of play fosters this for us. We understand that if we live our values and focus on what is right rather than who is right, we will win more often. And we love to win! S/O the Infinite Potential team for their relentless support of our organization.

Imagine stumbling upon a unicorn—not the mythical creature, but a rare and extraordinary business opportunity that has the potential to transform your life. Well, guess what? I've found just that, and it's nothing short of a business unicorn. After a lifetime of searching for the perfect opportunity to unlock my full potential, I've finally struck gold. This venture is allowing me to achieve success on a scale I hadn't dared to dream of, even in the most optimistic scenarios. Here's what makes this opportunity truly exceptional: *Massive Market Disruption: We're at the forefront of a revolutionary market shift. *Zero Competition: A unique position with no rivals in sight. *30 Million Untouched Prospects: An existing pool of 30 million prospects actively seeking what we have to offer. *23-Year Track Record: A proven track record spanning over two decades, backed by thousands of testimonials. *Insane Up-Front Revenue AND Residuals: Immediate substantial income with long-term residuals. I could go on, but I'd rather let the opportunity speak for itself. You need to see this firsthand to grasp the magnitude of what's at stake. Don't miss out on a chance that could potentially multiply your achievements a thousandfold. Join me in exploring this extraordinary venture, and let's unlock unprecedented success together.   ADD TO YOUR CALENDAR HERE: https://lnkd.in/eMJq5RFx  Leave the viewing ID as is. Thanks. Larry

Private Equity funds are your best friends if you're building softwares in little digitalized but very profitable industries. They are your best Salespeople ... It's simple: you have to sell to the companies in their portfolio, and they're industry-driven, so there are often several companies with the same pain within single vintages and portfolios. 1)The companies in their portfolio are profitable, cash cows... so they can pay high ACVs, the contracts are big, better than selling to seed and series A startups under runway... 2)The PE fund manager wants to cut costs, increase EBITDA margin so any automation and optimization via software is welcome ... they'll accelerate the sales cycle... 3)If you attack the EBITDA margin directly, you're a direct ROI for the fund, which itself has influence over the company. 4)They know the importance of paying to get ROI then, so they do the promotion of your product to the CEOs / CFOs / CPOs of the portfolio companies... Feel free to reach out if you're working in or with PE funds, I would love to chat. P.

VC hiring alert Company Name - 01 Advisors Job position - Investor The Role The investor will be a core part of our investment team and will evaluate and source new deals. The investor will also play an active role in supporting our firm operations and portfolio companies. Requirements: • 4+ years work experience, including at a venture capital firm, leading investment bank, private equity firm, or tech corporate development practice • >1 year venture capital or similar investing experience • Experience with financial modeling (operating model and P&L) and valuation analyses • Awareness of the market and a perspective on potential investable market trends • Excellent presentation and writing skills and ability to synthesize and large amounts of data into succinct written summaries and presentations • Strong networking skills, with ability to source deals • Ability to develop rapport with founders and other industry partners • Operating experience at a startup or large tech company preferred You are: • Self-starting • Founder-friendly • A team player • Positive and resilient • Eager to learn Primary Work: • Due Diligence: • Take a lead role in conducting due diligence on potential investments, including market research, competitive analysis, financial modeling, and technology evaluation. • Prepare investment memos, presentations, and other documentation for internal and external stakeholders. • Deal Sourcing: • Actively source potential investment opportunities by conducting market research, attending industry events, and networking within the startup ecosystem. • Screen and evaluate incoming business plans, pitch decks, and referrals from various sources. • Develop a strong network to enhance deal flow and stay connected with industry developments. Research and Industry Analysis: • Stay informed about industry trends, emerging technologies, and market dynamics relevant to the firm's focus areas. • Conduct research to support investment theses and contribute to the development of the firm's knowledge base. • Firm-Level Support: • Assist where relevant on firm-level tasks. #venturecapital #vcjobs #hiringalert #startupjobs #entrepreneurship #siliconvalley #siliconvalleyjobs

VCs are blessing more hiring, but with a warning: raising the next round is an uphill battle, so conserve cash. This advice has led some companies to hire on their own or find the cheapest agency out there. This reminds me of building a house. You have two options: hire an expert or DIY. Doing It Yourself: - Full ownership and cost-effective. - Higher risk of critical, costly mistakes. - Fixing errors consumes time, escalating frustration and expenses. Hiring an Expert: - Years of experience, big network. - More costly but less risky. - Knows common pitfalls and how to avoid them. - Often paid based on speed and project completion. While DIY hiring might seem like a good idea initially, it often leads to mistakes that delay progress and increase expenses. Just like in building a home, hiring professionals ensures the job gets done right the first time, saving time and money. Remember, it’s not just about getting the job done, but getting it done right. Consider the value of expertise.

How to set up an IT company. I got an investor looking to set up an IT company. please share details