Podcast appearances and mentions of andrew romans

On this episode of Investor Connect, Hall welcomes Andrew Romans, General Partner at 7BC Venture Capital Fund. Located in Austin, Texas, 7BC Venture Capital is a global venture capital firm that invests in innovative founders addressing significant societal changes through data connected software. The firm offers strategic support along with a vast network of investors and large corporations. They also feature a unique LP in residence program, which connects limited partners with emerging startups, facilitating collaboration and investment opportunities. Andrew Romans brings a wealth of experience, having begun his career as an entrepreneur in the enterprise software industry, spanning Silicon Valley, New York, and Austin. He has raised approximately $300 million for his startups, achieving significant milestones such as IPOs and M&As, while also navigating challenges along the way. His journey eventually led him into venture capital, where he has dedicated over 12 years to managing VC funds and assisting startups in securing funding. In this episode, Andrew shares insights from his extensive background in venture capital, discussing the evolution of his career and the challenges faced in raising capital as an emerging manager. He emphasizes the importance of networking, understanding market dynamics, and leveraging international perspectives in investments. Andrew outlines effective strategies for engaging with startups and how governments can support innovation through tax incentives. Andrew Romans discusses the nuances of raising venture capital, the role of media in shaping public perception, and the essential strategies for aspiring founders. He highlights the importance of building a robust network and obtaining feedback from fellow entrepreneurs to refine fundraising pitches. Visit 7BC Venture Capital at , LinkedIn, and on Twitter. Reach out to Andrew at and on Twitter.   Thank you for joining us for the Startup Funding Espresso where we help startups and investors connect for funding. Let's go startup something today. _______________________________________________________ For more episodes from Investor Connect, please visit the site at:   Check out our other podcasts here:   For Investors check out:   For Startups check out:   For eGuides check out:   For upcoming Events, check out    For Feedback please contact info@tencapital.group    Please , share, and leave a review. Music courtesy of .

In this episode, host Preethy Padmanabhan features the book 'Masters of Corporate Venture Capital' with its author, Andrew Romans. Andrew, a seasoned venture capitalist and General Partner at 7BC Venture Capital, shares insights from his extensive career in Silicon Valley and corporate venture capital. The discussion dives into the motivations behind writing the book, key takeaways, and common challenges faced by CVCs. Andrew also highlights notable differences between corporate and financial VCs and offers practical advice for startups looking to raise from CVCs. The episode is packed with invaluable knowledge on navigating the fast-changing world of technology and innovation in corporate ventures.   Topics: 00:00 Introduction and Author Background 02:06 Career Journey and Venture Capital Experience 05:22 Motivation Behind Writing the Book 12:21 Key Takeaways from the Book 20:40 Common Challenges in Corporate Venture Capital 30:39 Differences Between VCs and CVCs 36:40 Tips for Startups Raising from CVCs 45:31 Final Insights and Conclusion   ----more----   Links: Connect with Andrew - https://www.linkedin.com/in/romans/ Buy Andrew's book here - Masters of Corporate Venture Capital You can also Download or Stream Free Chapter 1 from Masters of Corporate Venture Capital HERE. Andrew's Author profile - Amazon author page. Check out Andrew's podcast YouTube - Andrew Romans Spotify - Fireside with a VC

Fireside with a VC episode #101, Andrew Romans on The American Dreams Show with Alan Olsen discussing the future of venture capital covering Seed to Late Seed & Series A and Late Stage Growth VC and what has changed over the past few decades. Alan Olsen is a fixture in Silicon Valley and cofounder of GROCO Family Office Advisors, Advisors to the Ultra Affluent and organizer of Legacy Builders. We Protect Our Clients' Lifestyle & Resolve Complex Tax & Wealth Concerns https://groco.com/family-office-services/ https://www.linkedin.com/in/alanolsen1960/   Contact us if you want to join Alan and his group of 50 family offices in Silicon Valley on May 15th.   Find the full episode on YouTube: https://youtu.be/MWoyTKUDskQ.   Find this and all full episodes for Fireside with a VC on your favorite podcast platform here: https://podcasters.spotify.com/pod/show/FiresideVC   https://www.7bc.vc/ https://www.linkedin.com/in/romans/ Join our Newsletter - Fireside with a VC: https://subscribe.7bc.vc.   Join the conversation, leave comments, and tell us what you think about these topics and this episode. --- Send in a voice message: https://podcasters.spotify.com/pod/show/firesidevc/message

Episode #95, Peter Berg, one of two Managing Directors leading M12 Microsoft's Venture Fund, discusses with Andrew Romans on Fireside with a VC how Microsoft is investing in early-stage startups in B2B SaaS, AI, web3/crypto, and gaming. How the $2.776 trillion dollar conglomerate can add value to startups in a way no other VC can match.   Find this and all full episodes for Fireside with a VC on your favorite podcast platform here:   https://podcasters.spotify.com/pod/show/FiresideVC. Find this episode on YouTube: https://youtu.be/qZ2MIYFHEvU.   https://www.linkedin.com/in/peterberg/ https://www.linkedin.com/in/romans/ https://www.7bc.vc/   Join the conversation, leave comments, and tell us what you think about these topics and this episode. --- Send in a voice message: https://podcasters.spotify.com/pod/show/firesidevc/message

Episode #94, Why is China the way it is, what's happened, and how is China interacting with the rest of the world from a startup & VC perspective? Jonathan Bench, a China expert, practicing lawyer in the region, and active for over 20 years in the market, discusses with Andrew Romans on Fireside with a VC: • What led up to the decoupling with China and how North American, European and Japanese companies will continue to do business with China? • What led up to the current situation on a timeline of developments and ultimately Covid? • The 5x+ increase in shipping costs and the impact of factory shutdowns in China during Covid on western minds for the future relationship with China. • Supply chain establishment, management and support in China plus Malaysia, Singapore, Taiwan, Vietnam, and Mexico and western efforts to diversify and challenges to get out of China. • How China is buying land and establishing factories in Mexico and how China is everywhere globally? • How Chinese entrepreneurs are forced to operate within the communist party system and how to establish legitimacy with the rest of the outside world. • Growth of the legal system in China with US companies now winning in the Chinese legal system which points to the growing legitimacy of the evolving Chinese legal system. • Examples of Chinese companies trying to play by the rules and achieve legitimacy. • The different cultural concepts of a signed contract being a final agreement or a stepping stone to an ongoing relationship where key terms are continuously changed • What are the opportunities for the west to do business in China? Find this and all full episodes for Fireside with a VC on your favorite podcast platform here: https://podcasters.spotify.com/pod/show/FiresideVC. Find this episode on YouTube: https://youtu.be/ZtTrik6517E. Pix from Andrew Romans' trips to China: https://photos.app.goo.gl/eSxTKBLnJNpBcKvu6. Andrew Romans' books published in Chinese: The Entrepreneurial Bible to Venture Capital (Chinese Edition): https://rb.gy/mwxp1p Masters of Corporate Venture Capital (Chinese Edition): https://shorturl.at/dgwBJ https://www.linkedin.com/in/benchjonathan/ https://harris-sliwoski.com/our-team/jonathan-bench/ https://www.linkedin.com/in/romans/ https://www.7bc.vc/ Join the conversation, leave comments, and tell us what you think about these topics and this episode. --- Send in a voice message: https://podcasters.spotify.com/pod/show/firesidevc/message

Andrew Romans: International Venture Capital for Impact Andrew Romans is a General Partner at 7BC Venture Capital, university professor, author and podcast host.. He founded and raised hundreds of millions of dollars from VCs for his startups and returned capital leading his startups to exits via IPOs and M&A. He is a 3x author and raised over $48m for tech startups he founded by the age of 28. his funds have returned 7x and 12x putting him in the top 10% of VC performance. Welcome to the Conscious Millionaire Show for entrepreneurs, who want to achieve high sales and positively impact humanity! Join host, JV Crum III, as he goes inside the minds of conscious guests such as Millionaire Entrepreneurs and World-Class Business Experts. Like this Podcast? Get every episode delivered to you free!  Subscribe in iTunes Download Your Free Money-Making Gift Now... "Born to Make Millions" Hypnotic Audio - Click Here Now! Please help spread the word. Subscribing and leaving a review helps others find our podcast. Thanks so much! Inc Magazine "Top 13 Business Podcasts." Conscious Millionaire Network has over 3,800 episodes that have been heard by over 100 million in 190 countries.

Andrew Romans: International Venture Capital for Impact Andrew Romans is a General Partner at 7BC Venture Capital, university professor, author and podcast host.. He founded and raised hundreds of millions of dollars from VCs for his startups and returned capital leading his startups to exits via IPOs and M&A. He is a 3x author and raised over $48m for tech startups he founded by the age of 28. his funds have returned 7x and 12x putting him in the top 10% of VC performance. Welcome to the Conscious Millionaire Show for entrepreneurs, who want to achieve high sales and positively impact humanity! Join host, JV Crum III, as he goes inside the minds of conscious guests such as Millionaire Entrepreneurs and World-Class Business Experts. Like this Podcast? Get every episode delivered to you free!  Subscribe in iTunes Download Your Free Money-Making Gift Now... "Born to Make Millions" Hypnotic Audio - Click Here Now! Please help spread the word. Subscribing and leaving a review helps others find our podcast. Thanks so much! Inc Magazine "Top 13 Business Podcasts." Conscious Millionaire Network has over 3,800 episodes that have been heard by over 100 million in 190 countries.

Episode #77 of Fireside with a VC, talking startup valuations and the current environment for VC financings as well as the impact of generative AI on startups, angels, VCs and LPs with U.S. Angels, one of the most active investor groups in the U.S. and an LP in 7BC Venture Capital.     · How to price the pre-money valuation for a startup? · How much cash should a startup raise in its next round? · What is changing with regards to valuations, size of rounds, terms, exit expectations? · The connection between the stock market and the private markets from seed to late stage pre-IPO funding and secondaries? · What does AI mean for capital requirements, competition and everything? · What to expect from this vintage of startups and VC funds? · Roundtable discussion with John Ricci and U.S. Angels   Special thanks to John Ricci, a friend of more than 15 years!   https://www.linkedin.com/in/jfricci/   https://spotifyanchor-web.app.link/e/yCRhe7cD7zb https://www.youtube.com/c/AndrewRomansVC/videos   andrew@7bc.vc https://www.linkedin.com/in/romans/ --- Send in a voice message: https://podcasters.spotify.com/pod/show/firesidevc/message

Episode #66, ​Mark diTargiani, Venture Debt and Startup Banking, Pacific Western Bank on Fireside with a VC. Mark presented to Andrew Romans' venture capital class at Chapman University as a guest speaker discussing: · Explaining how Venture Debt works, when it makes sense and when it does not make sense. · Startup banking and general advice on startups and raising capital. · The importance of relationships and understanding how to help people in your network to develop your relationships and achieve success. · Networking within the startup VC ecosystem. https://www.linkedin.com/in/markditargiani/ https://www.pacwest.com/ Registration is open for 7BC's in-person VC insight panels, startup presentations & networking receptions New York City, March 7, 2023 – https://7BC-neonVest-NYC.eventbrite.com Seattle, April 4, 2023 – https://7BC-neonVest-Seattle.eventbrite.com Planning other cities in key tech corridors across the U.S. YouTube: https://www.youtube.com/c/AndrewRomansVC/videos Spotify: https://open.spotify.com/show/57V2XYhekz5ETiOwtanWIn All podcast platforms: https://anchor.fm/FiresideVC andrew@7bc.vc https://www.linkedin.com/in/romans/ --- Send in a voice message: https://podcasters.spotify.com/pod/show/firesidevc/message

Play this video back at 2x speed if you are proficient in English. Fund performance is now up since recording this video. Our first fund has a MOIC of 4.11x and expects to return a minimum 7x cash on cash return. Fund II MOIC of 4.41x and expects a 12x to 15x cash on cash return. Fund III is already up 1.27x and newest investors still get in at cost. Talking to some old friends in the Washington DC area about 7BC Venture Capital related to our 506c VC fund which allows for general solicitation. --- Send in a voice message: https://anchor.fm/firesidevc/message

10-Jul-2022

10-Jul-2022

29-May-2022

Produced by Foundersuite (www.foundersuite.com), "How I Raised It" goes behind the scenes with startup founders and investors who have raised capital. This episode is with Andrew Romans of 7BC Venture Capital (https://www.7bc.vc/) an early-stage venture fund focused on powering the digital economy through AI, FinTech, and software technologies. In this episode, Andrew shares what he's looking for in a startup, tactics he used for raising his first venture fund, tips for winning over LPs, the pros and cons of using SPVs to do deals, tips for founders looking to build and leverage their personal networks, and much more. 7BC has raised capital from a global set of LPs including VC-backed founder operators, senior execs at Microsoft, Amazon, Apple, VMware and other top tech titans in the US as well as VCs, high tech execs and bankers and family offices in Japan, Singapore, the UK, Nordics, Europe, Africa and Latin America. How I Raised It is produced by Foundersuite, makers of software to raise capital and manage investor relations. Foundersuite's customers have raised over $3 Billion since 2016. Create a free account at www.foundersuite.com.

03-Apr-2022

20-Mar-2022

Episode #42 Andrew Romans talking to Yuri Rabinovich, MD at Tribe V, at their VC Masterclass taking a deep dive on M&A for investors and venture backed startups. · Different types of M&A exits and considerations: all cash, cash and stock, all stock, milestone based earnouts, PE exit structures & secondaries. · Different types of M&A buys and specific dynamics: acquihire, team buy, geography buy, tech buy, revenue buy, customer buy, DCF buy, sector buy, PE buy and how this impacts founders vs early or late VCs. · Secondaries and the direct impact and dynamics around the next fundraising and M&A. · How a funding round and the post money valuation and cash-on-cash exit return will impact the options for exits and what will satisfy the newest investors. · Pricing of fundraising rounds considering the exit value and who can buy the company. · M&A as it fits into venture capital portfolio construction. · Having the network and speaking to your network to understand the dynamics and multiples for that specific industry. Know this before you found your company or before you invest in that company to understand the entry point valuation and exit expectations and track these multiples of the industry and performance of the startup. · Integrating M&A valuations and dynamics into your VC investment decisions. · Lessons learned from Instagram being wanted by Twitter, feared by Facebook and courted by VCs driving optimal perfect storm outcome for Instagram exit. Absolutely nothing to do with DCF at the time of exit. · Lessons learned from Yahoo! Buying Flickr and Google buying Picasa. · Q&A with Tribe V about M&A. Video: https://youtu.be/0oXIA9KgobA Audio of podcast can be found on all podcast platforms with links from here: https://anchor.fm/FiresideVC. Contact us to learn about investing in our 506c VC fund or joining our Syndicate on Angel List. Andrew@7bc.vc Video introducing the fund for small investors: https://youtu.be/U6wQ6An_r3E. Please use this link to invest in our VC fund on Angel List: https://angel.co/lead/sevenbc/lp-network/invite. Join our Angel List Syndicate link (no cost or commitment to join this): https://angel.co/s/sevenbc/ZZAgQ.

Episode #40 Jonathan Fish, CEO & cofounder of QSBS Expert, explaining how to pay zero capital gains / no taxes on your gain up to $10m in tax savings or 10x the cost of your investment, whichever is bigger. Qualifications for Qualified Small Business Stock (QSBS) tax exemptions. The small business must have assets of less than $50m on the balance sheet (not valuation) at the time of the investment including the size of the round, must hold the stock for at least 5 years or roll or tack the exit gain into another QSBS qualifying investment within 60 days and hold for a total combined 5 years. Multiple rollover / tacks are permitted. Discussing which states adhere to federal QSBS and which states charge their own capital gains tax on QSBS stock disregarding the federal laws. How founders can best benefit from $10m or more in tax savings from their own gain of their QSBS startups and which documents to file as founders and when to start the 5 year clock ticking. How to gift some of your QSBS stock to trusts which can each get up to $10m+ from a single QSBS stock gain distributed to multiple trusts. Advice and recommendations on not being too overzealous with the QSBS programs and gifting strategies. How the federal Build, Back Better Infrastructure Plan may remove QSBS to free up more revenue to pay for the Infrastructure Plan and how that may stymie job growth, lost payroll tax and the multiplier effect of this program. How startups and investors can document and keep all records in good conduct to ensure benefiting from QSBS and other services offered by QSBS Expert and their other tax expertise. Note: 7BC Venture Capital and Andrew Romans are not offering any tax advice. This blog post and podcast are offered with the understanding that neither 7BC Venture Capital nor Andrew Romans is engaged in rendering legal, accounting, or other professional service. If legal advice or other expert assistance is required, the services of a competent professional person should be sought. https://www.qsbsexpert.com/ Video: https://youtu.be/RXl1Cs5g7C8 Contact us to learn about investing in our 506c VC fund which passes some QSBS tax savings to our LPs or joining our Syndicate on Angel List https://angel.co/s/sevenbc/ZZAgQ. Andrew@7bc.vc

Episode #39 Brian Cohen, General Partner, New York Venture Partners, Chairman Emeritus, New York Angels, legendary angel investor in Pinterest, Comixology, actively making 3 new investments per week, 100+ and NYVP. Advice to founders on how to raise angel and VC funding, make an emotional and personal connection with the angel, smile a lot, be funny, have breakfast, lunch and dinner with each company before investing, likes startups that understand the customer better than they understand themselves. All startups pivot, iteration is the new innovation, why taking too much capital too early is a huge mistake. I'm not in the investment business; I'm in the exit business. Must see a 20x return to buy into a current valuation and invest. A million reasons why to never invest in SAFEs. SAFEs do not get QSBS tax treatment. Love your investors that loved you and believed in you first. Check out part II of my chat with Brian in episode #41 as we continue our discussion. Check out Brian's book What Every Angel Investor Wants You to Know: An Insider Reveals How to Get Smart Funding for Your Billion Dollar Idea: https://rb.gy/jveizm. Contact andrew@7bc.vc to learn about investing in our 506c parallel VC fund for accredited investors or join our syndicate to co-invest with us on a deal by deal basis. https://angel.co/s/sevenbc/ZZAgQ Video: https://youtu.be/TrOvU6OLxWE Find on all podcast platforms searching Fireside with a VC or Andrew Romans.

Welcome back to another episode with Andrew Romans. In the last episode, we defined venture capital (VC), angel investing, and private equity, and we discussed three ways to de-risk venture capital, and how entrepreneurs can leverage technology. In today's episode, we'll discuss how to raise capital for your business. How to Start Raising Capital Here are a few of Andrew's ideas on how to start raising capital for a business. Build the Team First When Andrew founded Global Telecom, he recognized that he was young and didn't have a lot of experience, so he decided to build a great team. He recruited the former CFO of AT&T and other top professionals in different fields and signed employment agreements with them contingent upon $5 million of funding. Then he was able to go into the VCs and say, “It's not just me, here's the team.” Andrew said, “Go out and recruit people. If you can recruit really top people in this talent war where they have so many choices, that says something to investors.”

Andrew Romans is a venture capitalist, entrepreneur, and advisor for governments and corporations on Corporate Venture Capital programs. He is the CEO and General Partner of 7BC Venture Capital and the co-founder of Rubicon venture capital, a venture capital fund focused on investing in and supporting artificial intelligence (AI), FinTech, and software infrastructure startups. By the time he was 28 years old, he'd raised more than $48 million for tech startups he founded.  Andrew is also the author of three books: The Entrepreneurial Bible to Venture Capital, Masters of Corporate Venture Capital, and Masters of Blockchain. He also hosts the podcast Fireside with a Venture Capitalist. In today's episode, we'll discuss the difference between venture capital, angel investing, and private equity, three ways we can reduce risk in venture capital, how entrepreneurs can leverage data and technology, and Andrew's career.  Read more at: https://monetizationnation.com/blog/what-is-venture-capital-and-3-ways-to-reduce-its-risk/

Andrew Romans is a successful, consistently top quartile performing VC, VC-backed entrepreneur and 3x author, former tech VC and M&A investment banker, CEO and General Partner of 7BC Venture Capital and previously the founder and General Partner of Rubicon Venture Capital. He is also the cofounder of Georgetown Angels and author of THE ENTREPRENEURIAL BIBLE TO VENTURE CAPITAL: Inside Secrets from the Leaders in the Startup Game, Masters of Corporate Venture Capital and Masters of Blockchain, which have been translated into Chinese, Japanese, Italian and Russian by major publishers. He is also the host of podcast “Fireside with a VC”. Romans also advises large corporations and governments on policies about Venture Capital and Corporate Venture Capital (CVC). Romans pioneered a new model of establishing Joint Venture VC funds in China, South East Asia and other parts to the globe to fund global expansion of VC-backed startups in partnership with government and other Limited Partner investors. Romans raised over $48m for tech startups he founded by the age of 28. Romans founded numerous startups and raised hundreds of millions of dollars in VC funding and led startups to exits. He is also a frequent guest speaker on MSNBC, CNBC, and ABC. Fluent in English, French and German he holds a BA from the University of Vermont, studied in Paris and Berlin at École Active Bilingue (now École Jeannine Manuel), Humboldt-Universität Zu Berlin and Freie Universität Berlin and an MBA in finance from Georgetown University, which he completed on scholarship. Reach Andrew via andrew@7bc.vc

On this episode of Feudal Future,  hosts Joel Kotkin and Marshall Toplansky are joined by Andrew Romans, Venture Capitalist, 3x author, advisor to Corporate Venture Capital Groups & Host of podcast - Fireside with a VC.Learn more about Andrew Romans and his company here : https://7bc.vc/Join the 'Beyond Feudalism' Facebook group to share your story, ask questions and connect with other citizen leaders: https://www.facebook.com/groups/beyondfeudalismTweet thoughts: @joelkotkin, @mtoplansky, #FeudalFuture #BeyondFeudalismLearn more about Joel's book 'The Coming of Neo-Feudalism': https://amzn.to/3a1VV87Sign Up For News & Alerts: http://joelkotkin.com/#subscribeThis show is presented by the Chapman Center for Demographics and Policy, which focuses on research and analysis of global, national and regional demographic trends and explores policies that might produce favorable demographic results over time.

Episode #35 A brake from Fireside with a VC, Andrew Romans delivering a short keynote and doing Q&A with old friend John Ricci, MD of US Angels. Discussing new ways for angel investors to participate more actively in VC funds as Limited Partners, sourcing deal flow, conducting due diligence, taking boards seats, mentoring founders, advising portfolio companies, joining General Partners and Partners for meetings in Silicon Valley, Austin, New York, Miami, London, generating revenue as angels for participation and earning a share in a pool of carry for active LPs, and creating a path to become Venture Partners or Partners in the fund or open new 7BC funds in other countries. Video https://youtu.be/1v6aooshr-M andrew@7bc.vc

Andrew Romans, General Partner of 7BC Venture Capital and Rubicon Venture Capital, discusses with David Blumberg specifics on what startups and VCs can do to survive and thrive in a Covid economy talking specifics on extending burn rate, lowering expenses, cutting salaries, Corona pivots, fundraising during Covid, making acquisitions, M&A exit market and the impact of Covid on the venture capital asset class. Recorded in Silicon Valley April 30, 2020 during the Covid pandemic lockdown. Andrew Romans andrew@7bc.vc www.7bc.vc www.rubicon.vc

10.13.19_Andrew (Romans 2_1-16) by Park Community Church

Andrew Romans, based in Silicon Valley, is a successful VC-backed entrepreneur, author of two top-selling books on venture capital, former tech VC and M&A investment banker, cofounder of an angel group and General Partner of both Rubicon Venture Capital & 7BC which is a new fund focused on ai, blockchain, & fintech. In this episode we talk about (1) How he’s raised about $200M in funding as an entrepreneur and how fundraising has changed over the years (2)His relationship with Ron Conway & how things are done at SV Angel (3) Finding the best deal flow (4) Pivoting as an entrepreneur & fund manager music credits: Clouds by MBB | https://soundcloud.com/mbbofficial Music promoted by https://www.free-stock-music.com Creative Commons Attribution-ShareAlike 3.0 Unported https://creativecommons.org/licenses/by-sa/3.0/deed.en_US IMPORTANT NOTICE: This podcast is intended for informational purposes only. The views expressed in this podcast are not, and should not be construed as, investment advice or recommendations. Recipients of this document should do their own due diligence, taking into account their specific financial circumstances, investment objectives and risk tolerance (which are not considered in this podcast) before investing. This podcast is not an offer, nor the solicitation of an offer, to buy or sell any of the assets mentioned herein. --- This episode is sponsored by · Anchor: The easiest way to make a podcast. https://anchor.fm/app Support this podcast: https://anchor.fm/joelpalathinkal/support

Discover more tech podcasts like this: Tech Podcast Asia. Produced by Pikkal & Co - Award Winning Podcast Agency. [00:40] Can you give us a quick introduction about yourself? -- Really an entrepreneur who found a way into venture capital and investing. At heart see myself as someone who founds and builds companies. More recently have become infected with the blockchain bug. [27:10] ICOs and tokenization represent a new tool in the entrepreneur's toolbox for how to fund a business while at the same time creating a fan base. It will be very important to see how these things are regulated going forward; however, right now it is possible to be fully compliant with the law, while at the same time developing your business and product in new and truly innovative ways with these technologies. Venture capital has traditionally been very illiquid. When VCs invest in companies, it might be up to seven years before they see a return on investment. With an ICO in contrast, the expectation is that in a matter of weeks coins will be trading on an active market and generating returns and cash flows for investors. It's a game changer for venture capital. [35:45] So this is basically a whole new economy? -- Yes. In fact, if any listeners run or know someone who runs an airline, give us a call. We can help you raise billions of dollars with a token offering. Any company with a loyalty program who does not tokenize moving forward is going to sink to the bottom of the ocean. Large companies will be the big winners here. If you think about it, companies like Costco are already doing something similar in driving a discount-based loyalty program. As soon as companies add liquidity through tokenization, the sky's the limit.

[00:40] Can you give us a quick introduction about yourself? -- Really an entrepreneur who found a way into venture capital and investing. At heart see myself as someone who founds and builds companies. More recently have become infected with the blockchain bug. [27:10] ICOs and tokenization represent a new tool in the entrepreneur's toolbox for how to fund a business while at the same time creating a fan base. It will be very important to see how these things are regulated going forward; however, right now it is possible to be fully compliant with the law, while at the same time developing your business and product in new and truly innovative ways with these technologies. Venture capital has traditionally been very illiquid. When VCs invest in companies, it might be up to seven years before they see a return on investment. With an ICO in contrast, the expectation is that in a matter of weeks coins will be trading on an active market and generating returns and cash flows for investors. It's a game changer for venture capital. [35:45] So this is basically a whole new economy? -- Yes. In fact, if any listeners run or know someone who runs an airline, give us a call. We can help you raise billions of dollars with a token offering. Any company with a loyalty program who does not tokenize moving forward is going to sink to the bottom of the ocean. Large companies will be the big winners here. If you think about it, companies like Costco are already doing something similar in driving a discount-based loyalty program. As soon as companies add liquidity through tokenization, the sky's the limit.

[00:40] Can you give us a quick introduction about yourself? -- Really an entrepreneur who found a way into venture capital and investing. At heart see myself as someone who founds and builds companies. More recently have become infected with the blockchain bug. [27:10] ICOs and tokenization represent a new tool in the entrepreneur's toolbox for how to fund a business while at the same time creating a fan base. It will be very important to see how these things are regulated going forward; however, right now it is possible to be fully compliant with the law, while at the same time developing your business and product in new and truly innovative ways with these technologies. Venture capital has traditionally been very illiquid. When VCs invest in companies, it might be up to seven years before they see a return on investment. With an ICO in contrast, the expectation is that in a matter of weeks coins will be trading on an active market and generating returns and cash flows for investors. It's a game changer for venture capital. [35:45] So this is basically a whole new economy? -- Yes. In fact, if any listeners run or know someone who runs an airline, give us a call. We can help you raise billions of dollars with a token offering. Any company with a loyalty program who does not tokenize moving forward is going to sink to the bottom of the ocean. Large companies will be the big winners here. If you think about it, companies like Costco are already doing something similar in driving a discount-based loyalty program. As soon as companies add liquidity through tokenization, the sky's the limit.

Show Highlights Terri introduces the new series on angel investing and provides a list of resources to start to get educated on the space Terri shares her experience at a Bay Angels Fashion Tech pitch event in San Francisco Terri shares her lofty goal of creating a mesh-network of like-minded investors to invest in the startups and founders that are not getting the attention and funding they so richly deserve.   Call to Action Subscribe to one podcast and one newsletter and get into the groove of listening and reading.  Feel free to reach out to Terri if you have any questions or comments or other suggestions for resources for new angel investors.  PilotingYourLife@gmail.com   References in the Podcast Angel the book by Jason Calcanis:  http://bit.ly/AngeltheBook Venture Deals by Brad Feld and Jason Mendelson:  http://bit.ly/VentureDealstheBook Masters of Corporate Venture by Andrew Romans : http://bit.ly/CorporateVentureBook The Twenty Minute VC:  http://www.thetwentyminutevc.com/ SheInvests:  http://www.sheinvests.com/ Hera Labs:  https://www.heralabs.com/ AdAstra Ventures:  https://adastra.ventures/ The Pitch by Gimlet Media: https://www.gimletmedia.com/the-pitch The Full Ratchet with Nick Moran:  http://fullratchet.net/ Fred Wilson’s blog:  http://avc.com/ Brad Feld’s blog: https://www.feld.com/ CB Insights Newsletter:  https://www.cbinsights.com/newsletter PitchBook Newsletters:  https://pitchbook.com/subscribe Inside Venture Capital: https://inside.com/?ref=newsletter MobiHealthNews: http://www.mobihealthnews.com/ Fierce family of newsletters: http://bit.ly/FierceNewsletters Mercom Healthcare IT:  http://store.mercom.mercomcapital.com/healthcare-it-reports/ Digital Health Today podcast: https://digitalhealthtoday.com/podcasts/ Rock Health podcast: https://rockhealth.com/tag/podcast/ A16z podcast:  https://a16z.com/podcasts/ This Week in Tech (TWiT) podcast:  https://twit.tv/shows/this-week-in-tech Bay Angels: http://bayangels.com/ns/ Quinn:  https://www.quinnstyle.com/ Fashion Incubator of San Francisco:  https://fashionincubatorsf.org/   Contact You can follow Terri on Twitter at @terrihansonmead or go to her website at www.terrihansonmead.com or on Medium:  https://medium.com/@terrihansonmead.  Feel free to email Terri at PilotingYourLife@gmail.com. To continue the conversation, go to Twitter at @PilotingLife and use hashtag #PilotingYourLife.

Andrew Romans is General Partner of Rubicon Venture Capital. Our discussion includes an interesting segment on ICOs.

In this episode, Hall T. Martin conducts an interview with Andrew Romans of Rubicon Venture Capital, a fund on the cutting edge of venture capital technology.

Andrew Romans is the author of THE ENTREPRENEURIAL BIBLE TO VENTURE CAPITAL: Inside Secrets from the Leaders in the Startup Game, which Huffington Post calls "The most important book to be written for entrepreneurs since the Eric Ries classic, The Lean Startup." He is also the founder of Rubicon Venture Capital, a venture capital fund that invests in technology startups. In today's interview with Andrew, we've sliced and diced through the intricate world of VC funding. We've also talked about: His entrepreneurial journey and 'aha' moment that brought him to where he is right now His criteria in choosing a business venture to invest in Andrew's most challenging experience The two key ingredients of an ideal culture What inspired Andrew to write the book "The Entrepreneurial Bible to Venture Capital" To get the full show notes, transcripts on this episode check us out at www.befurniture.com/episode21  You can also connect with us on Twitter @BeFurniture or personally to me, @BEJohnGardner Click the links to subscribe on iTunes or Stitcher.

Andrew Romans is the founder and general partner of The Founders Club. He is co-founder and co-chair at Georgetown Angels investing group, as well as the director at investment bank Rainmaker Securities. Previous Andrew was a managing partner at Georgetown Venture Partners (GVP), managing director of Sentito Networks and founder & president of The Global TeleExchange (The GTX), where he personally raised $47m in VC funding. Andrew is also the author of the recently released book THE ENTREPRENEURIAL BIBLE TO VENTURE CAPITAL: Inside Secrets from the Leaders in the Startup Game.