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In this episode of the Startup CPG Podcast, Daniel Scharff sits down with Adam Marsh and Gabrielle McGonagall from Giannuzzi Lewendon, one of the most trusted law firms for CPG founders. They break down everything early-stage founders need to know about setting up their companies, choosing the right entity (LLC vs. C-Corp), fundraising strategies, issuing equity to employees and advisors, and how to protect yourself from losing control of your business.Adam and Gabby also unpack key differences between SAFEs and convertible notes, the pros and cons of crowdfunding, the reality of secondary sales for founders, and why having the right legal advisors is crucial—especially as you scale. Whether you're raising your first check or dreaming of a major exit, this conversation will set you up with the legal fundamentals to do it smartly and safely.Ready to level up your founder knowledge? Listen now and get one step closer to building a company that lasts!Contact Giannuzzi Lewendon for a consultation at https://gllaw.us/Listen in as they share about:Choosing the Right Business EntityEquity Ownership and VestingFundraising MechanicsInvestor Rights and Founder ProtectionDilution and Secondary SalesLegal Expertise vs. AI ToolsEpisode Links:Website: https://gllaw.us/ LinkedIn: https://www.linkedin.com/in/adam-marsh-847a8571/ LinkedIn: https://www.linkedin.com/in/gabrielle-mcgonagle-803b2b21/ Don't forget to leave a five-star review on Apple Podcasts or Spotify if you enjoyed this episode. For potential sponsorship opportunities or to join the Startup CPG community, visit http://www.startupcpg.com.Show Links:Transcripts of each episode are available on the Transistor platform that hosts our podcast here (click on the episode and toggle to “Transcript” at the top)Join the Startup CPG Slack community (20K+ members and growing!)Follow @startupcpgVisit host Daniel's Linkedin Questions or comments about the episode? Email Daniel at podcast@startupcpg.comEpisode music by Super Fantastics
Send us a textFrom taxpayer-funding of civilian disarmament cartels like Everytown, Giffords etc. via a massive money-laundering scheme, to broad-scoped red flag laws in Michigan (where red flag laws are being filed against children as young as six so the government can take the parents' guns), Royce shreds it all and exposes the treasonous assaults on the right of the People to keep and bear arms.The Anti-Gun Shell Game: How Your Tax Dollars Were Used Against You Sicarios Gun ShopFirearms, Accessories, Ammo, Safes, and more!The Gun Site9-Lane 25 yard indoor Shooting Range, Gun Store, Training classesWJS GunsGun and Outdoor Shop, ammo, accessories, fishing tackle, moreFreedom GunsFirearms, Ammunition, Accessories, Training classes SHOOTINGCLASSES.COMOnline business operations platform for firearms instructors, trainees, and Shooting RangesControl Jiu-Jitsu/MMAJiu-Jitsu/MMA Training in Melbourne, FLGlover Orndorf and Flanagan Wealth Mgmt.Wealth management servicesThe American Police Hall of FameMuseum and Shooting Center (open to public), Law Enforcement and Civilian TrainingCounter Strike TacticalBest Little Gun Store in Melbourne, Florida! Veteran Owned and Operated 321-499-4949Go2 WeaponsManufacturers of AR platform rifles for military and civilian. Veteran Owned and OperatedEar Care of MelbourneNeed hearing aids? Go to the audiologists that gave Royce his hearing back!Quantified PerformanceQuantified Performance, LLC is focused on building safe, high performing keepers and bearers.Disclaimer: This post contains affiliate links. If you make a purchase, I may receive a commission at no extra cost to you.Support the showGiveSendGo | Unconstitutional 2A Prosecution of Tate Adamiak Askari Media GroupBuy Paul Eberle's book "Look at the Dirt"Paul Eberle (lookatthedirt.com)The Deadly Path: How Operation Fast & Furious and Bad Lawyers Armed Mexican Cartels: Forcelli, Peter J., MacGregor, Keelin, Murphy, Stephen: 9798888456491: Amazon.com: BooksVoice of the Blue (buzzsprout.com)
Send us a textEver since the NYSRPA vs. Bruen Supreme Court ruling, corrupt, Constitutionally dyslexic lower court judges and many elected officials (Republicans included!) have consistently ignored the 'Text and History' standard set forth therein, and refer to corrupt legal precedents for guidance on 2nd Amendment issues.SHOOTINGCLASSES.COMOnline business operations platform for firearms instructors, trainees, and Shooting RangesGlover Orndorf and Flanagan Wealth Mgmt.Wealth management servicesControl Jiu-Jitsu/MMAJiu-Jitsu/MMA Training in Melbourne, FLFreedom GunsFirearms, Ammunition, Accessories, Training classes The Gun Site9-Lane 25 yard indoor Shooting Range, Gun Store, Training classesWJS GunsGun and Outdoor Shop, ammo, accessories, fishing tackle, moreSicarios Gun ShopFirearms, Accessories, Ammo, Safes, and more!The American Police Hall of FameMuseum and Shooting Center (open to public), Law Enforcement and Civilian TrainingCounter Strike TacticalBest Little Gun Store in Melbourne, Florida! Veteran Owned and Operated 321-499-4949Go2 WeaponsManufacturers of AR platform rifles for military and civilian. Veteran Owned and OperatedEar Care of MelbourneNeed hearing aids? Go to the audiologists that gave Royce his hearing back!Quantified PerformanceQuantified Performance, LLC is focused on building safe, high performing keepers and bearers.Disclaimer: This post contains affiliate links. If you make a purchase, I may receive a commission at no extra cost to you.Support the showGiveSendGo | Unconstitutional 2A Prosecution of Tate Adamiak Askari Media GroupBuy Paul Eberle's book "Look at the Dirt"Paul Eberle (lookatthedirt.com)The Deadly Path: How Operation Fast & Furious and Bad Lawyers Armed Mexican Cartels: Forcelli, Peter J., MacGregor, Keelin, Murphy, Stephen: 9798888456491: Amazon.com: BooksVoice of the Blue (buzzsprout.com)
The Funding University | Where Business Learns About Funding
Today we welcome Chris Franz a corporate finance leader out of Phoenix Arizona to the podcast. Typically we talk about businesses that are well established and looking for debt but today Chris and I are going to talk about equity options for start ups. We will examine different structures that these companies can use. This includes convertible, notes, Safes, and Debt coupled with warrantsSeth Block, Founder, The Funding UniversityAbout The Funding University:The mission of The Funding University is to Enable Funding around the world. Hosted by Seth Block, CPA.Visit The Funding University: https://www.thefundinguniversity.comGet Access To:1. Blog: https://www.thefundinguniversity.com/blog2. CPE Courses & Modules: https://www.thefundinguniversity.com/cpe3. TFU Masterclass: https://www.thefundinguniversity.com/masterclass4. Funding Expert Certification: https://www.thefundinguniversity.com/certification
Simple Agreement for Future Equity (SAFEs), convertible notes, and embedded derivatives are among financial instruments which feature optionality, which can obscure confidence in the expected value of the associated future economic benefits. Published guidance is limited, and adding to the complexity, some alternative investment transactions have optionality features lurking within, dormant, and not readily apparent. This presents a wrinkle for practitioners who try to value assets which could morph into something else tomorrow. Listen to how specialists in this area approach these issues, and read below for key AICPA resources to improve your own valuation analyses. Key Takeaways Applications and limitations of formal valuation guidance How optionality characteristics influence financial instrument design Best practices for valuing instruments with optionality features Approaches for early stage assets lacking underlying valuations Guests: Oksana Westerbeke, Partner, and Jared Hannon, Director, Grant Thornton Host: Howard Mah-Lee, Senior Manager, AICPA Valuation Services Please share your thoughts about the episode - click here to leave us a review Want to get involved with future FVS conferences, committees, task forces, or the standing ovation program? Send a message to infoFVS@aicpa-cima.com RESOURCES FOR FURTHER EXPLORATION If you're using a podcast app that does not hyperlink to the resources, please visit https://fvssection.libsyn.com/fvs to access the show notes with direct links. 2024 AICPA & CIMA Forensic & Valuation Services Conference - for purchasesession: Full conference package Accounting and Valuation guides from AICPA If you are an AICPA-FVS Section member see below for free access to these guides Valuation of Privately Held Companies Equity Securities Issued as Compensation Valuation of Portfolio Company Investments of Venture Capital and Private Equity Funds and Other Investment Companies Exclusive content available with AICPA FVS Section membership: Click here to join this active community of your FVS peers. You will get 16 credits of complimentary CPE and access to rich technical content Valuation of Privately Held Companies Equity Securities Issued as Compensation Valuation of Portfolio Company Investments of Venture Capital and Private Equity Funds and Other Investment Companies From the FVS Valuation Podcast archives Valuing Complex Financial Instruments 409a Valuations - What You Need To Know Valuation Considerations in Equity Compensation LEARN MORE ABOUT THE FOLLOWING AICPA CREDENTIALS: Accredited in Business Valuation (ABV®) – Visit the home page and check out the ABV infographic Certified in the Valuation of Financial Instruments (CVFI®) – Visit the home page and check out the CVFI infographic Certified in Financial Forensics (CFF®) - Visit the home page and check out the CFF infographic This is a podcast from AICPA & CIMA, together as the Association of International Certified Professional Accountants. To enjoy more conversations from our global community of accounting and finance professionals, explore our network of free shows here. Your feedback and comments are welcomed at podcast@aicpa-cima.com
Simple Agreement for Future Equity (SAFEs), convertible notes, and embedded derivatives are among financial instruments which feature optionality, which can obscure confidence in the expected value of the associated future economic benefits. Published guidance is limited, and adding to the complexity, some alternative investment transactions have optionality features lurking within, dormant, and not readily apparent. This presents a wrinkle for practitioners who try to value assets which could morph into something else tomorrow. Listen to how specialists in this area approach these issues, and read below for key AICPA resources to improve your own valuation analyses. Key Takeaways Applications and limitations of formal valuation guidance How optionality characteristics influence financial instrument design Best practices for valuing instruments with optionality features Approaches for early stage assets lacking underlying valuations Guests: Oksana Westerbeke, Partner, and Jared Hannon, Director, Grant Thornton Host: Howard Mah-Lee, Senior Manager, AICPA Valuation Services Please share your thoughts about the episode - click here to leave us a review Want to get involved with future FVS conferences, committees, task forces, or the standing ovation program? Send a message to infoFVS@aicpa-cima.com RESOURCES FOR FURTHER EXPLORATION If you're using a podcast app that does not hyperlink to the resources, please visit https://fvssection.libsyn.com/fvs to access the show notes with direct links. 2024 AICPA & CIMA Forensic & Valuation Services Conference - for purchasesession: Full conference package Accounting and Valuation guides from AICPA If you are an AICPA-FVS Section member see below for free access to these guides Valuation of Privately Held Companies Equity Securities Issued as Compensation Valuation of Portfolio Company Investments of Venture Capital and Private Equity Funds and Other Investment Companies Exclusive content available with AICPA FVS Section membership: Click here to join this active community of your FVS peers. You will get 16 credits of complimentary CPE and access to rich technical content Valuation of Privately Held Companies Equity Securities Issued as Compensation Valuation of Portfolio Company Investments of Venture Capital and Private Equity Funds and Other Investment Companies From the FVS Valuation Podcast archives Valuing Complex Financial Instruments 409a Valuations - What You Need To Know Valuation Considerations in Equity Compensation LEARN MORE ABOUT THE FOLLOWING AICPA CREDENTIALS: Accredited in Business Valuation (ABV®) – Visit the home page and check out the ABV infographic Certified in the Valuation of Financial Instruments (CVFI®) – Visit the home page and check out the CVFI infographic Certified in Financial Forensics (CFF®) - Visit the home page and check out the CFF infographic This is a podcast from AICPA & CIMA, together as the Association of International Certified Professional Accountants. To enjoy more conversations from our global community of accounting and finance professionals, explore our network of free shows here. Your feedback and comments are welcomed at podcast@aicpa-cima.com
Send us a textLooking at recent legislation being proposed in Washington State and Oregon, it's easy to see that the Democrat Communists all use the same playbook, and seem to excel at knocking down protections for the common citizen while enabling violent crime against them; and all while presenting themselves as benevolent, compassionate saviors.Tune in and share!!Freedom GunsFirearms, Ammunition, Accessories, Training classes The Gun Site9-Lane 25 yard indoor Shooting Range, Gun Store, Training classesGlover Orndorf and Flanagan Wealth Mgmt.Wealth management servicesSicarios Gun ShopFirearms, Accessories, Ammo, Safes, and more!WJS GunsGun and Outdoor Shop, ammo, accessories, fishing tackle, moreSHOOTINGCLASSES.COMOnline business operations platform for firearms instructors, trainees, and Shooting RangesThe American Police Hall of FameMuseum and Shooting Center (open to public), Law Enforcement and Civilian TrainingControl Jiu-Jitsu/MMAJiu-Jitsu/MMA Training in Melbourne, FLCounter Strike TacticalBest Little Gun Store in Melbourne, Florida! Veteran Owned and Operated 321-499-4949Go2 WeaponsManufacturers of AR platform rifles for military and civilian. Veteran Owned and OperatedEar Care of MelbourneNeed hearing aids? Go to the audiologists that gave Royce his hearing back!Quantified PerformanceQuantified Performance, LLC is focused on building safe, high performing keepers and bearers.Disclaimer: This post contains affiliate links. If you make a purchase, I may receive a commission at no extra cost to you.Support the showGiveSendGo | Unconstitutional 2A Prosecution of Tate Adamiak Askari Media GroupBuy Paul Eberle's book "Look at the Dirt"Paul Eberle (lookatthedirt.com)The Deadly Path: How Operation Fast & Furious and Bad Lawyers Armed Mexican Cartels: Forcelli, Peter J., MacGregor, Keelin, Murphy, Stephen: 9798888456491: Amazon.com: BooksVoice of the Blue (buzzsprout.com)
Send us a textIn the Cowboy State of Wyoming, the citizens and their elected officials are doling out a good ol' fashioned 2nd Amendment a** whuppin' to gun free zones. Not to mention their passing of a Second Amendment Protection Act (SAPA) that would punish any law enforcement agency and their agents that assist federal authorities in their enforcement of federal gun control laws.Winning!!Sicarios Gun ShopFirearms, Accessories, Ammo, Safes, and more!The American Police Hall of FameMuseum and Shooting Center (open to public), Law Enforcement and Civilian TrainingFreedom GunsFirearms, Ammunition, Accessories, Training classes The Gun Site9-Lane 25 yard indoor Shooting Range, Gun Store, Training classesWJS GunsGun and Outdoor Shop, ammo, accessories, fishing tackle, moreSHOOTINGCLASSES.COMOnline business operations platform for firearms instructors, trainees, and Shooting RangesGlover Orndorf and Flanagan Wealth Mgmt.Wealth management servicesControl Jiu-Jitsu/MMAJiu-Jitsu/MMA Training in Melbourne, FLCounter Strike TacticalBest Little Gun Store in Melbourne, Florida! Veteran Owned and Operated 321-499-4949Disclaimer: This post contains affiliate links. If you make a purchase, I may receive a commission at no extra cost to you.Support the showGiveSendGo | Unconstitutional 2A Prosecution of Tate Adamiak Askari Media GroupBuy Paul Eberle's book "Look at the Dirt"Paul Eberle (lookatthedirt.com)The Deadly Path: How Operation Fast & Furious and Bad Lawyers Armed Mexican Cartels: Forcelli, Peter J., MacGregor, Keelin, Murphy, Stephen: 9798888456491: Amazon.com: BooksVoice of the Blue (buzzsprout.com)
Episode Summary:Understanding how to invest in startups requires more than just writing a cheque. Cheryl and Maxine break down the legal structures behind startup investing, covering SAFE notes, convertible notes, and priced rounds. Whether you're a seasoned investor or just starting out, this episode unpacks the key terms, investor-friendly vs. founder-friendly clauses, and the risks involved.They discuss the evolution of SAFEs, why they've become the dominant structure in early-stage funding, and the critical differences between pre-money and post-money SAFEs. Plus, they explore the role of pro-rata rights, most favoured nation (MFN) clauses, and side letters—so you don't get caught off guard in your next deal.If you've ever wondered how to protect your equity position, when to push back on certain terms, or what legal documents you'll actually be signing, this episode is your investor cheat sheet.Key Takeaways:00:00 – Why startup investment structures matter01:45 – SAFE notes, convertible notes, and priced rounds explained03:47 – How founders raise money: equity vs. debt06:21 – The documents you'll sign in a priced round10:22 – Do startups need a constitution? Red flags to watch for14:29 – Side letters: What are they, and should you be worried?19:08 – Pro-rata rights & why they matter for investors22:23 – Most Favoured Nation (MFN) clauses explained30:27 – Pre-money vs. post-money SAFEs: Which one is better?38:03 – Why valuation caps and discounts can be a double-edged sword43:53 – Investor-friendly vs. founder-friendly terms: What's fair?Resources- A Deep Dive into ECIS, ESVCLP, and Investment Strategies - https://open.spotify.com/episode/1Agiu4dskF53m6DBZgXitD?si=KFeAlY_wTjSwOWfRMiiQFA- Angel Academy – The most comprehensive angel investing course for Australia & NZ: www.venture.academy- Aussie Angels – Cheryl's platform for angel investing https://www.aussieangels.com/- Co-Ventures – Maxine's venture capital firm https://www.coventures.vc/Sponsors:First Cheque is supported by our wonderful sponsors:Vanta: Join 7,000 global companies like Atlassian and Dovetail that use Vanta to build trust and prove security in real time. Get 10% off https://dayone.fm/vantaRocking Horse: Rocking Horse helps startups access their R&D tax rebate early. Get up to $3M in non-dilutive finance, solve cash flow challenges, and accelerate growth. Easy application, fast approval. Smart investment for innovative startups. https://dayone.fm/rockinghorseGalah Cyber: Galah Cyber are perfect for founder-lead and SAAS businesses. Galah provides advice, education, and training. Get in touch with Galah Cyber for a complimentary call to make sure you're secured.https://dayone.fm/galah The Day One NetworkFirst Cheque is part of Day One, the podcast network dedicated to founders, operators & investors.To learn more, join our newsletter to be notified of new and upcoming shows. The only content we create is content that will help Australian founders.If you want to learn about upcoming guests and when a new First Cheque episode is available, join the First Cheque newsletter. Mentioned in this episode:Aussie Angels - the preferred fund and syndicate admin platform for emerging managers in AustraliaShow Notes: If you're an investor or keen to write your first angel check, please check out some of the syndicate tickets on www.aussieangels.com
Send us a textA recent court ruling by a panel of Constitutionally dyslexic judges has, once again, cost an American citizen their freedom for simply owning something they were born with the right to keep and bear,...a machine gun. Our founders viewed the People as a literal military force and thus entitled to all military weapons necessary to affect a robust defense against any military force, up to and including that of the United States itself, if ever necessary.Defensive Pistol Fundamentals | Brevard County, Florida | Royce Productions, IncAdvanced Defensive Pistol | Brevard County, Florida | Royce Productions, Inc Use discount code "ROYCE" or LIBERTY" for $25.00 off!The Gun Site9-Lane 25 yard indoor Shooting Range, Gun Store, Training classesFreedom GunsFirearms, Ammunition, Accessories, Training classes Sicarios Gun ShopFirearms, Accessories, Ammo, Safes, and more!WJS GunsGun and Outdoor Shop, ammo, accessories, fishing tackle, moreGlover Orndorf and Flanagan Wealth Mgmt.Wealth management servicesControl Jiu-Jitsu/MMAJiu-Jitsu/MMA Training in Melbourne, FLSHOOTINGCLASSES.COMOnline business operations platform for firearms instructors, trainees, and Shooting RangesGo2 WeaponsManufacturers of AR platform rifles for military and civilian. Veteran Owned and OperatedCounter Strike TacticalBest Little Gun Store in Melbourne, Florida! Veteran Owned and Operated 321-499-4949The American Police Hall of FameMuseum and Shooting Center (open to public), Law Enforcement and Civilian TrainingEar Care of MelbourneNeed hearing aids? Go to the audiologists that gave Royce his hearing back!Quantified PerformanceQuantified Performance, LLC is focused on building safe, high performing keepers and bearers.Disclaimer: This post contains affiliate links. If you make a purchase, I may receive a commission at no extra cost to you.Support the showGiveSendGo | Unconstitutional 2A Prosecution of Tate Adamiak Askari Media GroupBuy Paul Eberle's book "Look at the Dirt"Paul Eberle (lookatthedirt.com)The Deadly Path: How Operation Fast & Furious and Bad Lawyers Armed Mexican Cartels: Forcelli, Peter J., MacGregor, Keelin, Murphy, Stephen: 9798888456491: Amazon.com: BooksVoice of the Blue (buzzsprout.com)
In this episode I sit down with Peter Walker, head of insights at Carta, to discuss the sweeping changes in how founders are building and funding startups in 2024. Peter shares fresh data on AI's outsized influence across every stage, why more founders are bootstrapping, and the real story behind down rounds and bridge rounds. We also dive into founder ownership trends, vesting schedules, and why hiring has slowed even as dry powder sits on the sidelines. If you're curious about where venture is headed, and how to navigate the current market, this deep dive offers plenty of practical takeaways.00:00:00 - Why 2024 Feels Different00:02:00 - Comparing 2024 to 2021 Boom00:03:58 - Why IPOs and AI Dominate Talk00:06:17 - Stage-by-Stage Funding Trends00:09:09 - Bridge Rounds & Down Rounds Return00:11:24 - Founder Ownership & Vesting00:14:17 - Solo Founders & AI Bootstrapping00:19:35 - Equity for Advisors & Early Hires00:22:50 - Safes, Valuation Caps & Dilution00:30:37 - Major Slowdown in Startup Hiring00:38:10 - Geographic Hubs: SF, NYC & Miami00:43:25 - Venture Funds Struggle With Returns00:59:22 - 2025 Outlook: IPOs & Efficiency01:02:03 - Closing Thoughts___Connect with Rex on social media:LinkedIn: https://www.linkedin.com/in/rexsalisbury/Twitter: https://twitter.com/rexsalisburyTikTok: https://www.tiktok.com/@rex.salisburyInstagram: https://www.instagram.com/rexsalisbury/
Send us a textThe engineer and producer of the program, Norm Maynor, joins Royce to discuss firearms training and the necessity thereof. Tune in and share!Glover Orndorf and Flanagan Wealth Mgmt.Wealth management servicesWJS GunsGun and Outdoor Shop, ammo, accessories, fishing tackle, moreSicarios Gun ShopFirearms, Accessories, Ammo, Safes, and more!The Gun Site9-Lane 25 yard indoor Shooting Range, Gun Store, Training classesControl Jiu-Jitsu/MMAJiu-Jitsu/MMA Training in Melbourne, FLFreedom GunsFirearms, Ammunition, Accessories, Training classes SHOOTINGCLASSES.COMOnline business operations platform for firearms instructors, trainees, and Shooting RangesThe American Police Hall of FameMuseum and Shooting Center (open to public), Law Enforcement and Civilian TrainingCounter Strike TacticalBest Little Gun Store in Melbourne, Florida! Veteran Owned and Operated 321-499-4949Go2 WeaponsManufacturers of AR platform rifles for military and civilian. Veteran Owned and OperatedEar Care of MelbourneNeed hearing aids? Go to the audiologists that gave Royce his hearing back!Quantified PerformanceQuantified Performance, LLC is focused on building safe, high performing keepers and bearers.Disclaimer: This post contains affiliate links. If you make a purchase, I may receive a commission at no extra cost to you.Support the showGiveSendGo | Unconstitutional 2A Prosecution of Tate Adamiak Askari Media GroupBuy Paul Eberle's book "Look at the Dirt"Paul Eberle (lookatthedirt.com)The Deadly Path: How Operation Fast & Furious and Bad Lawyers Armed Mexican Cartels: Forcelli, Peter J., MacGregor, Keelin, Murphy, Stephen: 9798888456491: Amazon.com: BooksVoice of the Blue (buzzsprout.com)
Send us a textRoyce gives Kash Patel a few pointers on how to sweep the garbage out of the ATF, now that he's the Acting Director thereof.Then, on to Colorado, where their State Senate just approved a bill that, rather than banning "assault weapons" outright, they're going to try the "mandates and taxes" approach (like the NFA does) to make the average citizen unable to acquire them because of the onerous training requirements coupled with yet-to-be-ascertained fees.Glover Orndorf and Flanagan Wealth Mgmt.Wealth management servicesWJS GunsGun and Outdoor Shop, ammo, accessories, fishing tackle, moreSHOOTINGCLASSES.COMOnline business operations platform for firearms instructors, trainees, and Shooting RangesCounter Strike TacticalBest Little Gun Store in Melbourne, Florida! Veteran Owned and Operated 321-499-4949Sicarios Gun ShopFirearms, Accessories, Ammo, Safes, and more!The American Police Hall of FameMuseum and Shooting Center (open to public), Law Enforcement and Civilian TrainingFreedom GunsFirearms, Ammunition, Accessories, Training classes The Gun Site9-Lane 25 yard indoor Shooting Range, Gun Store, Training classesGo2 WeaponsManufacturers of AR platform rifles for military and civilian. Veteran Owned and OperatedEar Care of MelbourneNeed hearing aids? Go to the audiologists that gave Royce his hearing back!Quantified PerformanceQuantified Performance, LLC is focused on building safe, high performing keepers and bearers.Control Jiu-Jitsu/MMAJiu-Jitsu/MMA Training in Melbourne, FLDisclaimer: This post contains affiliate links. If you make a purchase, I may receive a commission at no extra cost to you.Support the showGiveSendGo | Unconstitutional 2A Prosecution of Tate Adamiak Askari Media GroupBuy Paul Eberle's book "Look at the Dirt"Paul Eberle (lookatthedirt.com)The Deadly Path: How Operation Fast & Furious and Bad Lawyers Armed Mexican Cartels: Forcelli, Peter J., MacGregor, Keelin, Murphy, Stephen: 9798888456491: Amazon.com: BooksVoice of the Blue (buzzsprout.com)
Send us a textAs the title suggests, this episode covers multiple federal court rulings that followed the Bruen principle, and the inevitable legal ruling when applied!!Royce's Upcoming classes (don't forget to use the discount code(s) Royce revealed in this episode!).Defensive Pistol Fundamentals | Brevard County, Florida | Royce Productions, IncAdvanced Defensive Pistol | Brevard County, Florida | Royce Productions, Inc SHOOTINGCLASSES.COMOnline business operations platform for firearms instructors, trainees, and Shooting RangesGlover Orndorf and Flanagan Wealth Mgmt.Wealth management servicesControl Jiu-Jitsu/MMAJiu-Jitsu/MMA Training in Melbourne, FLFreedom GunsFirearms, Ammunition, Accessories, Training classes The Gun Site9-Lane 25 yard indoor Shooting Range, Gun Store, Training classesWJS GunsGun and Outdoor Shop, ammo, accessories, fishing tackle, moreSicarios Gun ShopFirearms, Accessories, Ammo, Safes, and more!The American Police Hall of FameMuseum and Shooting Center (open to public), Law Enforcement and Civilian TrainingCounter Strike TacticalBest Little Gun Store in Melbourne, Florida! Veteran Owned and Operated 321-499-4949Go2 WeaponsManufacturers of AR platform rifles for military and civilian. Veteran Owned and OperatedEar Care of MelbourneNeed hearing aids? Go to the audiologists that gave Royce his hearing back!Quantified PerformanceQuantified Performance, LLC is focused on building safe, high performing keepers and bearers.Disclaimer: This post contains affiliate links. If you make a purchase, I may receive a commission at no extra cost to you.Support the showGiveSendGo | Unconstitutional 2A Prosecution of Tate Adamiak Askari Media GroupBuy Paul Eberle's book "Look at the Dirt"Paul Eberle (lookatthedirt.com)The Deadly Path: How Operation Fast & Furious and Bad Lawyers Armed Mexican Cartels: Forcelli, Peter J., MacGregor, Keelin, Murphy, Stephen: 9798888456491: Amazon.com: BooksVoice of the Blue (buzzsprout.com)
Send us a textFirst, an Australian couple in Texas, manufacturing suppressors under Texas State law, are assaulted by the ATF, their business and home searched, and M-4's pointed at them and their 7-year-old son. After two years, they still haven't charged them with a crime but continue to hold them in legal limbo.Second, in a move that's certain to create some interesting ripples throughout the legal community, the Fifth Circuit Court of Appeals in New Orleans has ruled that suppressors are not firearms, that they're not even considered weapons, and thus are not covered by the Second Amendment....which casts suppressors and all cases being brought against citizens for "illegally" making/owning them into a legal quandary. This ruling is going to create some interesting legal "Catch-22's", without a doubt!Sicarios Gun ShopFirearms, Accessories, Ammo, Safes, and more!The Gun Site9-Lane 25 yard indoor Shooting Range, Gun Store, Training classesFreedom GunsFirearms, Ammunition, Accessories, Training classes Glover Orndorf and Flanagan Wealth Mgmt.Wealth management servicesSHOOTINGCLASSES.COMOnline business operations platform for firearms instructors, trainees, and Shooting RangesWJS GunsGun and Outdoor Shop, ammo, accessories, fishing tackle, moreThe American Police Hall of FameMuseum and Shooting Center (open to public), Law Enforcement and Civilian TrainingCounter Strike TacticalBest Little Gun Store in Melbourne, Florida! Veteran Owned and Operated 321-499-4949Go2 WeaponsManufacturers of AR platform rifles for military and civilian. Veteran Owned and OperatedEar Care of MelbourneNeed hearing aids? Go to the audiologists that gave Royce his hearing back!Quantified PerformanceQuantified Performance, LLC is focused on building safe, high performing keepers and bearers.Control Jiu-Jitsu/MMAJiu-Jitsu/MMA Training in Melbourne, FLDisclaimer: This post contains affiliate links. If you make a purchase, I may receive a commission at no extra cost to you.Support the showGiveSendGo | Unconstitutional 2A Prosecution of Tate Adamiak Askari Media GroupBuy Paul Eberle's book "Look at the Dirt"Paul Eberle (lookatthedirt.com)The Deadly Path: How Operation Fast & Furious and Bad Lawyers Armed Mexican Cartels: Forcelli, Peter J., MacGregor, Keelin, Murphy, Stephen: 9798888456491: Amazon.com: BooksVoice of the Blue (buzzsprout.com)
Send us a textThe recent fast turnaround on NFA tax stamps is being used by the ATF to quickly gather photos of gun owners in order to stock it's A.I. facial recognition data base, which is being used to enhance their already-existing illegal gun registry.Think twice before getting that next suppressor, SBS or SBR!Sicarios Gun ShopFirearms, Accessories, Ammo, Safes, and more!SHOOTINGCLASSES.COMOnline business operations platform for firearms instructors, trainees, and Shooting RangesGlover Orndorf and Flanagan Wealth Mgmt.Wealth management servicesFreedom GunsFirearms, Ammunition, Accessories, Training classes The Gun Site9-Lane 25 yard indoor Shooting Range, Gun Store, Training classesWJS GunsGun and Outdoor Shop, ammo, accessories, fishing tackle, moreControl Jiu-Jitsu/MMAJiu-Jitsu/MMA Training in Melbourne, FLThe American Police Hall of FameMuseum and Shooting Center (open to public), Law Enforcement and Civilian TrainingCounter Strike TacticalBest Little Gun Store in Melbourne, Florida! Veteran Owned and Operated 321-499-4949Go2 WeaponsManufacturers of AR platform rifles for military and civilian. Veteran Owned and OperatedEar Care of MelbourneNeed hearing aids? Go to the audiologists that gave Royce his hearing back!Quantified PerformanceQuantified Performance, LLC is focused on building safe, high performing keepers and bearers.Disclaimer: This post contains affiliate links. If you make a purchase, I may receive a commission at no extra cost to you.Support the showGiveSendGo | Unconstitutional 2A Prosecution of Tate Adamiak Askari Media GroupBuy Paul Eberle's book "Look at the Dirt"Paul Eberle (lookatthedirt.com)The Deadly Path: How Operation Fast & Furious and Bad Lawyers Armed Mexican Cartels: Forcelli, Peter J., MacGregor, Keelin, Murphy, Stephen: 9798888456491: Amazon.com: BooksVoice of the Blue (buzzsprout.com)
Aaron Harris was a partner at YC for 7.5 years where he funded Deel, OpenSea, Scale AI, Rappi, Lattice, and others. He also built YC's Series A program where he worked with founders on over 200 Series As and Bs that raised in excess of $3B in capital. He joined Sam Kirschner, VP at Village Global, to give Village Global founders helpful tips on fundraising.Takeaways:Investors bet on stories, not just data. Your job? Tell a story of massive economic opportunity — not just how you fit into the future, but how you create it.Hype lowers the barrier to turn attention into excitement.Fundraising isn't the trophy, even though it's celebrated as such. But if you optimize for raising money, you get great at burning money and miss the real point: building something that lasts through the hype cycles.Think about raising money with terminal value in mind, not just the value of this current round.Raising an A: you'll need to raise about 20% of your company. Series B: 15-20%. Seeds are all over the place. More competition in a round means less dilution; less competition means more dilution. Hype helps reduce dilution.Be aware of dilution on SAFEs so that you don't all of a sudden start arguing about a point of dilution here or there on a given round.AI companies have been getting faster investor movement. The hottest deals land term sheets in 48 hours. Next tier? 1-2 weeks. Beyond that, a 2-6 week grind with unpredictable timing. After 6 weeks, rounds can stretch to 3-4 months where persistence is what leads to success.Understand the market and how investors think by having casual, no-pitch-deck coffee chats. The real signal? Not a follow-up meeting — that's just a VC's job. Look for action: are they willing to spend political capital for you? That's true interest.Thanks for listening — if you like what you hear, please review us on your favorite podcast platform.Check us out on the web at www.villageglobal.vc or get in touch with us on Twitter @villageglobal.Want to get updates from us? Subscribe to get a peek inside the Village. We'll send you reading recommendations, exclusive event invites, and commentary on the latest happenings in Silicon Valley. www.villageglobal.vc/signup
Brothers John and Will Wiesenfeld improve safes. 2PointOhPodcast.com patreon.com/2PointOhPodcast Twitter: @2PointOhPodcast personal twitter/instagram: Will: @BATHSmusic John: @sweaterstripes
Send us a textFederal Air Marshall wrongly arrested, prosecuted and imprisoned by the ATF for false suppressor charges.Royce's thoughts on Pam Bondi.Federal court strikes down ban on 18-20-year-olds purchasing and owning firearms with a Bruen application!.NJ violent crime rate drops after over 58,000 New Jersey citizens start carrying guns.More New Mexico gun control bills proffered.The American Police Hall of FameMuseum and Shooting Center (open to public), Law Enforcement and Civilian TrainingFreedom GunsFirearms, Ammunition, Accessories, Training classes The Gun Site9-Lane 25 yard indoor Shooting Range, Gun Store, Training classesWJS GunsGun and Outdoor Shop, ammo, accessories, fishing tackle, moreSHOOTINGCLASSES.COMOnline business operations platform for firearms instructors, trainees, and Shooting RangesCounter Strike TacticalBest Little Gun Store in Melbourne, Florida! Veteran Owned and Operated 321-499-4949Go2 WeaponsManufacturers of AR platform rifles for military and civilian. Veteran Owned and OperatedEar Care of MelbourneNeed hearing aids? Go to the audiologists that gave Royce his hearing back!Glover Orndorf and Flanagan Wealth Mgmt.Wealth management servicesQuantified PerformanceQuantified Performance, LLC is focused on building safe, high performing keepers and bearers.Sicarios Gun ShopFirearms, Accessories, Ammo, Safes, and more!Control Jiu-Jitsu/MMAJiu-Jitsu/MMA Training in Melbourne, FLDisclaimer: This post contains affiliate links. If you make a purchase, I may receive a commission at no extra cost to you.Support the showGiveSendGo | Unconstitutional 2A Prosecution of Tate Adamiak Askari Media GroupBuy Paul Eberle's book "Look at the Dirt"Paul Eberle (lookatthedirt.com)The Deadly Path: How Operation Fast & Furious and Bad Lawyers Armed Mexican Cartels: Forcelli, Peter J., MacGregor, Keelin, Murphy, Stephen: 9798888456491: Amazon.com: BooksVoice of the Blue (buzzsprout.com)
Darkest Mysteries Online - The Strange and Unusual Podcast 2023
HOMEBUYERS, What's The Strangest Thing You Discovered Left Behind By The Previous Owners?Homebuying can be an exciting experience, but sometimes, the surprises left behind by previous owners can be strange, creepy, or downright baffling. From hidden rooms and mysterious safes to bizarre collections or unsettling items, new homeowners share the odd and unexpected discoveries they made after moving in. These stories reveal the strange artifacts, forgotten treasures, and eerie remnants of past lives that some homes keep secret.Keywords:homebuyers, strange discoveries, previous owners, hidden rooms, mysterious items, creepy finds, bizarre objects, abandoned treasures, unsettling discoveries, weird homeowner stories, hidden safes, secret compartments, forgotten belongings, eerie remnants, haunted homes, strange artifacts, homeowner surprises, unexpected finds, creepy houses,Become a supporter of this podcast: https://www.spreaker.com/podcast/darkest-mysteries-online-the-strange-and-unusual-podcast-2024--5684156/support.
Kelly talks with YA author and children's literature champion Jason Reynolds about his career, writing the inner lives of teen boys, his favorite middle grade and YA books, and more. Subscribe to the podcast via RSS, Apple Podcasts, or Spotify. To get even more YA news and recommendations, sign up for our What's Up in YA newsletter! A new year means a new Read Harder Challenge! Join us as we make our way through 24 tasks meant to expand our reading horizons. To get recommendations for each task, sign up for the Read Harder newsletter. All Access subscribers get even more recommendations plus community features, where you can connect with like-minded readers in a cozy and supportive corner of the internet. You can become an All Access member starting at $6 per month or $60 per year to get unlimited access to all members-only content in 20+ newsletters, community features, and the warm fuzzies of knowing you are supporting independent media. To join, visit bookriot.com/readharder. This content contains affiliate links. When you buy through these links, we may earn an affiliate commission. News Jason Reynolds wins a MacArther Genius Grant Books Discussed When I Was The Greatest by Jason Reynolds Coretta Scott King Book Awards Judy Blume Forever documentary Forever . . . by Judy Blume George M. Johnson Long Way Down by Jason Reynolds Miles Morales: Spider-Man by Jason Reynolds Eugene Yelchin "Coca Cola Classic 'Polar Bears' TV commercial 1993" The Autobiography of Malcolm X by Alex Haley The Fire Next Time: A Letter to My Nephew by James Baldwin Erin Entrada Kelly A.S. King Randy Ribay King and the Dragonfly by Kacen Callender Love That Dog and Hate That Cat by Sharon Creech Weirdo by Tony Weaver, Jr. Jason's recommended reading order of his books if . . . You're a teacher or librarian planning to teach the books: Long Way Down Look Both Ways Ghost If you're an adult wanting to read them for yourself: Boy in the Black Suit The Track Series As Brave As You For Teens 14+: Long Way Down Ghost All American Boys (with Brendan Kiely) For Tweens: Stuntboy, in the Meantime (with Raúl the Third) Ghost Look Both Ways Learn more about your ad choices. Visit megaphone.fm/adchoices
Send us a textRoyce points to recent, relevant examples of how federal officials, state governors and elected officials hold the Supreme Law, as well as all other laws, in abject contempt by willfully violating court-ordered injunctions against their actions. He then explains the need for prescribed penalties and an enforcement mechanism to deal with the willful violators of the Constitution and court orders that uphold it.Tune in and share this Inauguration Day edition of Shooting Straight! The American Police Hall of FameMuseum and Shooting Center (open to public), Law Enforcement and Civilian TrainingFreedom GunsFirearms, Ammunition, Accessories, Training classes The Gun Site9-Lane 25 yard indoor Shooting Range, Gun Store, Training classesWJS GunsGun and Outdoor Shop, ammo, accessories, fishing tackle, moreSHOOTINGCLASSES.COMOnline business operations platform for firearms instructors, trainees, and Shooting RangesCounter Strike TacticalBest Little Gun Store in Melbourne, Florida! Veteran Owned and Operated 321-499-4949Go2 WeaponsManufacturers of AR platform rifles for military and civilian. Veteran Owned and OperatedEar Care of MelbourneNeed hearing aids? Go to the audiologists that gave Royce his hearing back!Glover Orndorf and Flanagan Wealth Mgmt.Wealth management servicesQuantified PerformanceQuantified Performance, LLC is focused on building safe, high performing keepers and bearers.Sicarios Gun ShopFirearms, Accessories, Ammo, Safes, and more!Control Jiu-Jitsu/MMAJiu-Jitsu/MMA Training in Melbourne, FLDisclaimer: This post contains affiliate links. If you make a purchase, I may receive a commission at no extra cost to you.Support the showAskari Media GroupBuy Paul Eberle's book "Look at the Dirt"Paul Eberle (lookatthedirt.com)The Deadly Path: How Operation Fast & Furious and Bad Lawyers Armed Mexican Cartels: Forcelli, Peter J., MacGregor, Keelin, Murphy, Stephen: 9798888456491: Amazon.com: BooksVoice of the Blue (buzzsprout.com)
In This Hour:-- Colorado is rushing to enact a law banning almost all semi-auto firearms, including rifles, pistols and many shotguns. NSSF's Larry Keane sounds the alarm.-- Range Ready Studios offers a special class featuring the Jacob Grey double stack 1911 pistol.-- Will your gun safe protect the contents in a massive fire like those in California?Gun Talk 01.09.25 Hour 3
Send us a text"Remember a couple of episodes ago when I told you about the ATF using the NICS system to spy on gun owners and collect data on them? Turns out, it's much worse than that. You'll have to listen to see what I'm talking about."-RoyceSHOW LINKS:The Shocking Truth About ATF's Secret Online Tracking Scheme!Inside FBI's probe and entrapment of a Michigan militia crew WJS GunsGun and Outdoor Shop, ammo, accessories, fishing tackle, moreThe Gun Site9-Lane 25 yard indoor Shooting Range, Gun Store, Training classesFreedom GunsFirearms, Ammunition, Accessories, Training classes Sicarios Gun ShopFirearms, Accessories, Ammo, Safes, and more!SHOOTINGCLASSES.COMOnline business operations platform for firearms instructors, trainees, and Shooting RangesControl Jiu-Jitsu/MMAJiu-Jitsu/MMA Training in Melbourne, FLGlover Orndorf and Flanagan Wealth Mgmt.Wealth management servicesThe American Police Hall of FameMuseum and Shooting Center (open to public), Law Enforcement and Civilian TrainingCounter Strike TacticalBest Little Gun Store in Melbourne, Florida! Veteran Owned and Operated 321-499-4949Go2 WeaponsManufacturers of AR platform rifles for military and civilian. Veteran Owned and OperatedEar Care of MelbourneNeed hearing aids? Go to the audiologists that gave Royce his hearing back!Quantified PerformanceQuantified Performance, LLC is focused on building safe, high performing keepers and bearers.Disclaimer: This post contains affiliate links. If you make a purchase, I may receive a commission at no extra cost to you.Support the showAskari Media GroupBuy Paul Eberle's book "Look at the Dirt"Paul Eberle (lookatthedirt.com)The Deadly Path: How Operation Fast & Furious and Bad Lawyers Armed Mexican Cartels: Forcelli, Peter J., MacGregor, Keelin, Murphy, Stephen: 9798888456491: Amazon.com: BooksVoice of the Blue (buzzsprout.com)
Send us a textThe Alpha Tango Foxtrot, an unconstitutional agency filled with totalitarians who think nothing of raiding the homes of American citizens and shooting them dead, has raided yet another family, pointing guns at a 2A activist, his wife and their young daughters, ordering them out of the house in cold weather (which they seem to delight in), and terrorizing them for reasons yet unknown. No arrests were made, and the only thing the criminals with badges took was the dad's cell phone.This was nothing more, and certainly nothing less, than a flex against innocent citizens for the sake of spreading terror,...and for that, every agent there needs to be sentenced to 10 years at hard labor.Link to Mr. Manley's gofundme: Fundraiser by Mark Manley : ATF raids Community Activists home days before thanksgiving Sicarios Gun ShopFirearms, Accessories, Ammo, Safes, and more!WJS GunsGun and Outdoor Shop, ammo, accessories, fishing tackle, moreThe Gun Site9-Lane 25 yard indoor Shooting Range, Gun Store, Training classesGlover Orndorf and Flanagan Wealth Mgmt.Wealth management servicesFreedom GunsFirearms, Ammunition, Accessories, Training classes SHOOTINGCLASSES.COMOnline business operations platform for firearms instructors, trainees, and Shooting RangesThe American Police Hall of FameMuseum and Shooting Center (open to public), Law Enforcement and Civilian TrainingControl Jiu-Jitsu/MMAJiu-Jitsu/MMA Training in Melbourne, FLCounter Strike TacticalBest Little Gun Store in Melbourne, Florida! Veteran Owned and Operated 321-499-4949Go2 WeaponsManufacturers of AR platform rifles for military and civilian. Veteran Owned and OperatedEar Care of MelbourneNeed hearing aids? Go to the audiologists that gave Royce his hearing back!Quantified PerformanceQuantified Performance, LLC is focused on building safe, high performing keepers and bearers.Disclaimer: This post contains affiliate links. If you make a purchase, I may receive a commission at no extra cost to you.Support the showAskari Media GroupBuy Paul Eberle's book "Look at the Dirt"Paul Eberle (lookatthedirt.com)The Deadly Path: How Operation Fast & Furious and Bad Lawyers Armed Mexican Cartels: Forcelli, Peter J., MacGregor, Keelin, Murphy, Stephen: 9798888456491: Amazon.com: BooksVoice of the Blue (buzzsprout.com)
Send us a textFirst, a panel of Fifth Circuit court judges hand the ATF/Federal government a Constitutional spanking regarding forced reset triggers.Then, Royce delves into an article that shows the widespread practice among many in local law enforcement agencies where sheriffs, chiefs, commanders and others use their position to skirt NFA rules for personal profit,...essentially operating as straw purchasers and gun traffickers. Worse yet, the ATF customarily prefers to "educate" the offenders rather than prosecute them, only arresting them when they simply couldn't turn a blind eye any longer. "We're not looking to prosecute fellow law enforcement officers" were the words that came from Eric Harden, former special agent in charge of the ATF's Los Angeles field division. Tune in and share!Freedom GunsFirearms, Ammunition, Accessories, Training classes WJS GunsGun and Outdoor Shop, ammo, accessories, fishing tackle, moreThe Gun Site9-Lane 25 yard indoor Shooting Range, Gun Store, Training classesThe American Police Hall of FameMuseum and Shooting Center (open to public), Law Enforcement and Civilian TrainingSHOOTINGCLASSES.COMOnline business operations platform for firearms instructors, trainees, and Shooting RangesSicarios Gun ShopFirearms, Accessories, Ammo, Safes, and more!Glover Orndorf and Flanagan Wealth Mgmt.Wealth management servicesControl Jiu-Jitsu/MMAJiu-Jitsu/MMA Training in Melbourne, FLCounter Strike TacticalBest Little Gun Store in Melbourne, Florida! Veteran Owned and Operated 321-499-4949Go2 WeaponsManufacturers of AR platform rifles for military and civilian. Veteran Owned and OperatedEar Care of MelbourneNeed hearing aids? Go to the audiologists that gave Royce his hearing back!Quantified PerformanceQuantified Performance, LLC is focused on building safe, high performing keepers and bearers.Disclaimer: This post contains affiliate links. If you make a purchase, I may receive a commission at no extra cost to you.Support the showAskari Media GroupBuy Paul Eberle's book "Look at the Dirt"Paul Eberle (lookatthedirt.com)The Deadly Path: How Operation Fast & Furious and Bad Lawyers Armed Mexican Cartels: Forcelli, Peter J., MacGregor, Keelin, Murphy, Stephen: 9798888456491: Amazon.com: BooksVoice of the Blue (buzzsprout.com)
Send us a textFirst, Royce delves into a recently proposed bill to abolish the ATF, and why it needs to pass, along with other suggestions to render the NFA and GCA null and void.Then, a woman and two accomplices are arrested and sentenced to lengthy prison terms for doing the exact same thing Hunter Biden did. Too bad presidential pardons don't extend outside First Fraudulent Family.Sicarios Gun ShopFirearms, Accessories, Ammo, Safes, and more!Control Jiu-Jitsu/MMAJiu-Jitsu/MMA Training in Melbourne, FLSHOOTINGCLASSES.COMOnline business operations platform for firearms instructors, trainees, and Shooting RangesGlover Orndorf and Flanagan Wealth Mgmt.Wealth management servicesFreedom GunsFirearms, Ammunition, Accessories, Training classes The Gun Site9-Lane 25 yard indoor Shooting Range, Gun Store, Training classesWJS GunsGun and Outdoor Shop, ammo, accessories, fishing tackle, moreCounter Strike TacticalBest Little Gun Store in Melbourne, Florida! Veteran Owned and Operated 321-499-4949Quantified PerformanceQuantified Performance, LLC is focused on building safe, high performing keepers and bearers.The American Police Hall of FameMuseum and Shooting Center (open to public), Law Enforcement and Civilian TrainingEar Care of MelbourneNeed hearing aids? Go to the audiologists that gave Royce his hearing back!Go2 WeaponsManufacturers of AR platform rifles for military and civilian. Veteran Owned and OperatedDisclaimer: This post contains affiliate links. If you make a purchase, I may receive a commission at no extra cost to you.Support the showAskari Media GroupBuy Paul Eberle's book "Look at the Dirt"Paul Eberle (lookatthedirt.com)The Deadly Path: How Operation Fast & Furious and Bad Lawyers Armed Mexican Cartels: Forcelli, Peter J., MacGregor, Keelin, Murphy, Stephen: 9798888456491: Amazon.com: BooksVoice of the Blue (buzzsprout.com)
Send us a textWith recent warnings from the Askari Media Group (link below) and a written threat assessment from General Flynn that outlines 5 possible scenarios the communists/deep state may employ in order to stop Trump from being inaugurated on January 20, 2025, it's easy to conclude that things are about to get violent in this country. Face it, Trump's victory on November 5th was only one battle in this war to defend our nation against a communist takeover, and it won't be our last. Arm, train, stock up, and make yourselves ready, because according to people who are actively in the know, bad things are coming in 2025, possibly in January.Control Jiu-Jitsu/MMAJiu-Jitsu/MMA Training in Melbourne, FLSicarios Gun ShopFirearms, Accessories, Ammo, Safes, and more!Glover Orndorf and Flanagan Wealth Mgmt.Wealth management servicesSHOOTINGCLASSES.COMOnline business operations platform for firearms instructors, trainees, and Shooting RangesFreedom GunsFirearms, Ammunition, Accessories, Training classes The Gun Site9-Lane 25 yard indoor Shooting Range, Gun Store, Training classesThe American Police Hall of FameMuseum and Shooting Center (open to public), Law Enforcement and Civilian TrainingWJS GunsGun and Outdoor Shop, ammo, accessories, fishing tackle, moreCounter Strike TacticalBest Little Gun Store in Melbourne, Florida! Veteran Owned and Operated 321-499-4949Go2 WeaponsManufacturers of AR platform rifles for military and civilian. Veteran Owned and OperatedEar Care of MelbourneNeed hearing aids? Go to the audiologists that gave Royce his hearing back!Quantified PerformanceQuantified Performance, LLC is focused on building safe, high performing keepers and bearers.Disclaimer: This post contains affiliate links. If you make a purchase, I may receive a commission at no extra cost to you.Support the showAskari Media GroupBuy Paul Eberle's book "Look at the Dirt"Paul Eberle (lookatthedirt.com)The Deadly Path: How Operation Fast & Furious and Bad Lawyers Armed Mexican Cartels: Forcelli, Peter J., MacGregor, Keelin, Murphy, Stephen: 9798888456491: Amazon.com: BooksVoice of the Blue (buzzsprout.com)
Send us a textYes, the internment camps exist, and the federal government had plans to use them to "quarantine" American citizens (for their own safety, of course) during the Covid "crisis", until Americans began seeing through the scam and began raising sand about it. The CDC plan to use these "quarantine camps", which was on their site for a while without anyone noticing, has now been taken down, but not before someone took a screen shot of it (see photo in article linked below), and was titled “Interim Operational Considerations for Implementing the Shielding Approach to Prevent COVID-19 Infections in Humanitarian Settings.” Yes, because everyone knows what humanitarian settings internment camps can be.And this is exactly why the 2nd Amendment exists.The CDC Planned Quarantine Camps Nationwide ⋆ Brownstone Institute MMA Fighter Alex Cunningham is now sponsored by the Shooting Straight Radio podcast!! His next fight is a title fight on November 23, see the links below for fight info!Control Jiu-Jitsu/MMAJiu-Jitsu/MMA Training in Melbourne, FLSicarios Gun ShopFirearms, Accessories, Ammo, Safes, and more!The Gun Site9-Lane 25 yard indoor Shooting Range, Gun Store, Training classesSHOOTINGCLASSES.COMOnline business operations platform for firearms instructors, trainees, and Shooting RangesFreedom GunsFirearms, Ammunition, Accessories, Training classes WJS GunsGun and Outdoor Shop, ammo, accessories, fishing tackle, moreGlover Orndorf and Flanagan Wealth Mgmt.Wealth management servicesThe American Police Hall of FameMuseum and Shooting Center (open to public), Law Enforcement and Civilian TrainingCounter Strike TacticalBest Little Gun Store in Melbourne, Florida! Veteran Owned and Operated 321-499-4949Go2 WeaponsManufacturers of AR platform rifles for military and civilian. Veteran Owned and OperatedEar Care of MelbourneNeed hearing aids? Go to the audiologists that gave Royce his hearing back!Quantified PerformanceQuantified Performance, LLC is focused on building safe, high performing keepers and bearers.Disclaimer: This post contains affiliate links. If you make a purchase, I may receive a commission at no extra cost to you.Support the showAskari Media GroupBuy Paul Eberle's book "Look at the Dirt"Paul Eberle (lookatthedirt.com)The Deadly Path: How Operation Fast & Furious and Bad Lawyers Armed Mexican Cartels: Forcelli, Peter J., MacGregor, Keelin, Murphy, Stephen: 9798888456491: Amazon.com: BooksVoice of the Blue (buzzsprout.com)
Q3 startup data just dropped. We chat with Peter Walker, Head of Insights at Carta about valuations at pre-seed, seed and Series A. Why the current fundraising environment is the new normal and not about to get much better. We also talk about trends in founder vesting, and why some founders are choosing to vest for longer.Finally, we go through what to do if you're stuck with some product-market fit but mediocre growth, and why more exits are happening now than anytime in the fast couple of years.Why you should listenFounders should not expect a return to the fundraising conditions of 2021.Competition among founders has increased, raising the bar for fundraising.Many startups are still alive despite challenging conditions, adapting to survive.Why the professionalization of the startup ecosystem offers more options for founders.Startup ecosystems are growing in tier two and three cities.What the one-and-done funding model is and how to use it. KeywordsState of private markets, early stage funding, SAFEs, startup trends, liquidity, valuations, venture capital, market analysis, fundraising, AI, AI startups, vesting schedules, funding models, startup ecosystems, venture capitalTimestamps(00:00:00) Intro(00:01:33) Top Highlights from Q3 Report(00:04:45) The market won't get any easier (00:06:13) Two Reasons why the SAFE Boom Could Change Things(00:12:34) Professionalization of the Industry is a Double Edged Sword(00:17:44) Rounds that are Leading the Market are as Competitive as Ever(00:22:36) Vesting Schedules(00:30:05) Best Location to Raise & the One and Done MethodSend me a message to let me know what you think!
Send us a textFollowing up on the last episode, Royce issues strong warning to all, including American military service personnel, law enforcement officials on the federal, state and local levels, and to we the People.We are days away from the most important election in the history of our nation, and people on both sides know it.Tune in and share, this is vitally important!!!Glover Orndorf and Flanagan Wealth Mgmt.Wealth management servicesSHOOTINGCLASSES.COMOnline business operations platform for firearms instructors, trainees, and Shooting RangesFreedom GunsFirearms, Ammunition, Accessories, Training classes The Gun Site9-Lane 25 yard indoor Shooting Range, Gun Store, Training classesWJS GunsGun and Outdoor Shop, ammo, accessories, fishing tackle, moreCounter Strike TacticalBest Little Gun Store in Melbourne, Florida! Veteran Owned and Operated 321-499-4949Sicarios Gun ShopFirearms, Accessories, Ammo, Safes, and more!Go2 WeaponsManufacturers of AR platform rifles for military and civilian. Veteran Owned and OperatedThe American Police Hall of FameMuseum and Shooting Center (open to public), Law Enforcement and Civilian TrainingEar Care of MelbourneNeed hearing aids? Go to the audiologists that gave Royce his hearing back!Quantified PerformanceQuantified Performance, LLC is focused on building safe, high performing keepers and bearers.Disclaimer: This post contains affiliate links. If you make a purchase, I may receive a commission at no extra cost to you.Support the showAskari Media GroupBuy Paul Eberle's book "Look at the Dirt"Paul Eberle (lookatthedirt.com)The Deadly Path: How Operation Fast & Furious and Bad Lawyers Armed Mexican Cartels: Forcelli, Peter J., MacGregor, Keelin, Murphy, Stephen: 9798888456491: Amazon.com: BooksVoice of the Blue (buzzsprout.com)
Matt Kirmayer has more than 30 years of experience in the emerging company and venture capital ecosystem, including numerous seed and venture financings for technology and life science companies. Matt represents emerging technology companies and the investors who fund them across a range of industries, including software, educational technology, digital media, social media, artificial intelligence systems, robotics and life sciences. Active in the technology and investment communities in Silicon Valley and the East Coast, Matt often works with emerging companies as their outside general counsel, managing legal, financial and operational issues, from formation and angel and venture capital investment through exit. Our conversation with Matt sheds light on the essential role of legal counsel in supporting the startup journey. Drawing on his extensive New York corporate law background, Matt discusses how he guides entrepreneurs through the complex landscape of fundraising and legal regulations, acting as a strategic advisor and protective guide. We touch upon the common misconceptions startups have, particularly around stock options and financial instruments like SAFEs. Matt emphasizes that while legal education is vital, it should serve to encourage meaningful dialogue with legal professionals rather than replace them, and he shares how he prepares students at Carnegie Mellon University for these critical interactions. In this episode, you'll hear about: Importance of legal counsel for startups and navigating fundraising complexities. Common misconceptions about stock options and financial instruments like SAFEs. Foundational legal considerations such as incorporation and equity splits. Emphasis on open communication for international founders in the U.S. Significance of 83B elections and tax strategies for startups. Role of legal education in fostering meaningful dialogue with professionals. Follow and Review: We'd love for you to follow us if you haven't yet. Click that purple '+' in the top right corner of your Apple Podcasts app. We'd love it even more if you could drop a review or 5-star rating over on Apple Podcasts. Simply select “Ratings and Reviews” and “Write a Review” then a quick line with your favorite part of the episode. It only takes a second and it helps spread the word about the podcast. Supporting Resources: Linkedin - https://www.linkedin.com/in/mkirmayer/ Website - https://www.pillsburylaw.com/en/lawyers/matt-kirmayer.html Alcorn Immigration Law: Subscribe to the monthly Alcorn newsletter Sophie Alcorn Podcast: Episode 16: E-2 Visa for Founders and Employees Episode 19: Australian Visas Including E-3 Episode 20: TN Visas and Status for Canadian and Mexican Citizens Immigration Options for Talent, Investors, and Founders Immigration Law for Tech Startups eBook Alcorn Academy course for best practices for securing the O-1A visa, EB-1A green card, or the EB-2 NIW (National Interest Waiver) green card—the top options for startup founders. Use promotion code EAB20 for 20% off the enrollment fee.
In episode #55 of the Eastmans' Journal Podcast, host Ike Eastman sat down with my long-time friend and the director of marketing at Secureit, Josh Kinser. Josh and Ike started by discussing what sets Secureit apart and debunking some myths about fire ratings on typical gun safes. They also delved into Josh's military experiences. This is part 1 of an episode you won't want to miss, featuring two close friends. Enjoy! Watch all of the EHJ Podcast episodes: https://www.youtube.com/playlist?list=PL3oV1kEbu74HrR_GEK5VL9pCc6dME5py_ Eastmans' Journal Podcast Sponsors Kryptek - https://kryptek.com/ Silencer Central - https://www.silencercentral.com/ Team Lodge - https://team-lodge.com/ Sawyer - https://sawyer.com/ Hornady - https://www.hornady.com/ FoldAR - https://foldar.com/ Eberlestock - https://eberlestock.com/
Send us a textSchool lockdowns became personal for Royce and his family on October 4th at 12:46 p.m.....but he didn't see the emergency email until 1:15 p.m.This one was absolutely personal, and, even though it ended well, it left an indelible impression on his psyche.Tune in and share!SHOOTINGCLASSES.COMOnline business operations platform for firearms instructors, trainees, and Shooting RangesSicarios Gun ShopFirearms, Accessories, Ammo, Safes, and more!The Gun Site9-Lane 25 yard indoor Shooting Range, Gun Store, Training classesFreedom GunsFirearms, Ammunition, Accessories, Training classes Glover Orndorf and Flanagan Wealth Mgmt.Wealth management servicesWJS GunsGun and Outdoor Shop, ammo, accessories, fishing tackle, moreThe American Police Hall of FameMuseum and Shooting Center (open to public), Law Enforcement and Civilian TrainingCounter Strike TacticalBest Little Gun Store in Melbourne, Florida! Veteran Owned and Operated 321-499-4949Go2 WeaponsManufacturers of AR platform rifles for military and civilian. Veteran Owned and OperatedEar Care of MelbourneNeed hearing aids? Go to the audiologists that gave Royce his hearing back!Quantified PerformanceQuantified Performance, LLC is focused on building safe, high performing keepers and bearers.Disclaimer: This post contains affiliate links. If you make a purchase, I may receive a commission at no extra cost to you.Support the showAskari Media GroupBuy Paul Eberle's book "Look at the Dirt"Paul Eberle (lookatthedirt.com)The Deadly Path: How Operation Fast & Furious and Bad Lawyers Armed Mexican Cartels: Forcelli, Peter J., MacGregor, Keelin, Murphy, Stephen: 9798888456491: Amazon.com: BooksVoice of the Blue (buzzsprout.com)
Send us a textFirst, we go to Okeechobee to discuss some flexing by the Chief of Police against local gun owners, until he started getting stung by thousands of angry bees telling him he was out of line, including Gov. Desantis, Eric Friday of Florida Carry, and Luis Valdes of GOA, to name a few. Then, on to Massachusetts where the governor is behaving like a narcissistic abusive parent and contemptuously flexing on the gun owners in her state as she throws an executive tantrum fueled by their insolent challenge to a recent gun-control law there.Tune in and share!!WJS GunsGun and Outdoor Shop, ammo, accessories, fishing tackle, moreGlover Orndorf and Flanagan Wealth Mgmt.Wealth management servicesSicarios Gun ShopFirearms, Accessories, Ammo, Safes, and more!Freedom GunsFirearms, Ammunition, Accessories, Training classes SHOOTINGCLASSES.COMOnline business operations platform for firearms instructors, trainees, and Shooting RangesThe Gun Site9-Lane 25 yard indoor Shooting Range, Gun Store, Training classesThe American Police Hall of FameMuseum and Shooting Center (open to public), Law Enforcement and Civilian TrainingCounter Strike TacticalBest Little Gun Store in Melbourne, Florida! Veteran Owned and Operated 321-499-4949Go2 WeaponsManufacturers of AR platform rifles for military and civilian. Veteran Owned and OperatedEar Care of MelbourneNeed hearing aids? Go to the audiologists that gave Royce his hearing back!Disclaimer: This post contains affiliate links. If you make a purchase, I may receive a commission at no extra cost to you.Support the showAskari Media GroupBuy Paul Eberle's book "Look at the Dirt"Paul Eberle (lookatthedirt.com)The Deadly Path: How Operation Fast & Furious and Bad Lawyers Armed Mexican Cartels: Forcelli, Peter J., MacGregor, Keelin, Murphy, Stephen: 9798888456491: Amazon.com: BooksVoice of the Blue (buzzsprout.com)
Send us a textRoyce lays out the pre-civil war conditions that are being created by the Marxists in this country, i.e. the propaganda from the media and rhetoric coming from communist elected officials, which has already instigated multiple attacks by unhinged leftists against Trump and his supporters. Not to mention multiple threats and an attempted assassination against Justice Kavenaugh, along with the recent arrest of a man who threatened to torture and kill all 6 conservative SCOTUS justices,....after multiple Democrat Communist elected officials have declared the Supreme Court to be "broken" and a "danger to democracy."It's time to draw that proverbial 'line in the sand'Freedom GunsFirearms, Ammunition, Accessories, Training classes The Gun Site9-Lane 25 yard indoor Shooting Range, Gun Store, Training classesSHOOTINGCLASSES.COMOnline business operations platform for firearms instructors, trainees, and Shooting RangesGlover Orndorf and Flanagan Wealth Mgmt.Wealth management servicesSicarios Gun ShopFirearms, Accessories, Ammo, Safes, and more!The American Police Hall of FameMuseum and Shooting Center (open to public), Law Enforcement and Civilian TrainingWJS GunsGun and Outdoor Shop, ammo, accessories, fishing tackle, moreQuantified PerformanceQuantified Performance, LLC is focused on building safe, high performing keepers and bearers.Counter Strike TacticalBest Little Gun Store in Melbourne, Florida! Veteran Owned and Operated 321-499-4949Ear Care of MelbourneNeed hearing aids? Go to the audiologists that gave Royce his hearing back!Go2 WeaponsManufacturers of AR platform rifles for military and civilian. Veteran Owned and OperatedDisclaimer: This post contains affiliate links. If you make a purchase, I may receive a commission at no extra cost to you.Support the showAskari Media GroupBuy Paul Eberle's book "Look at the Dirt"Paul Eberle (lookatthedirt.com)The Deadly Path: How Operation Fast & Furious and Bad Lawyers Armed Mexican Cartels: Forcelli, Peter J., MacGregor, Keelin, Murphy, Stephen: 9798888456491: Amazon.com: BooksVoice of the Blue (buzzsprout.com)
Mike comes in to talk safes and open topics on the House of Strauss on News Radio KKOBSee omnystudio.com/listener for privacy information.
Send us a textIt seems the 2nd Amendment becomes more relevant with each passing day, especially in light of all the threats, political violence and inflammatory rhetoric of communists like Hillary Clinton and a host of other Democrat Communists in the wake of the 2nd attempt on Trump's life, which were motivated by that rhetoric.You'd better be planning for the violence they have planned for all conservatives, and make sure that planning involves lots of firearms and ammo. If they'll attempt to kill Glover Orndorf and Flanagan Wealth Mgmt.Wealth management servicesFreedom GunsFirearms, Ammunition, Accessories, Training classes The Gun Site9-Lane 25 yard indoor Shooting Range, Gun Store, Training classesWJS GunsGun and Outdoor Shop, ammo, accessories, fishing tackle, moreSHOOTINGCLASSES.COMOnline business operations platform for firearms instructors, trainees, and Shooting RangesThe American Police Hall of FameMuseum and Shooting Center (open to public), Law Enforcement and Civilian TrainingSicarios Gun ShopFirearms, Accessories, Ammo, Safes, and more!Counter Strike TacticalBest Little Gun Store in Melbourne, Florida! Veteran Owned and Operated 321-499-4949Go2 WeaponsManufacturers of AR platform rifles for military and civilian. Veteran Owned and OperatedEar Care of MelbourneNeed hearing aids? Go to the audiologists that gave Royce his hearing back!Quantified PerformanceQuantified Performance, LLC is focused on building safe, high performing keepers and bearers.Disclaimer: This post contains affiliate links. If you make a purchase, I may receive a commission at no extra cost to you.Support the showAskari Media GroupBuy Paul Eberle's book "Look at the Dirt"Paul Eberle (lookatthedirt.com)The Deadly Path: How Operation Fast & Furious and Bad Lawyers Armed Mexican Cartels: Forcelli, Peter J., MacGregor, Keelin, Murphy, Stephen: 9798888456491: Amazon.com: BooksVoice of the Blue (buzzsprout.com)
Send us a textFirst, Port St. Lucie (FL) and the state of Florida lose a significant case by default which paves the way for true Constitutional carry to be reinstated in Royce's home state.Next, a challenge to the current VP who needs not one, but TWO assistants (a.k.a. "moderators") just to debate Trump, has claimed she's going to strip AR-15's and the like from our hands (as per her own campaign website),....yeah, good luck with that. That is followed by a sincere warning to any and all LE personnel who might be tempted to help her (or anyone else) confiscate our guns.Last, Royce discusses very real scenarios that could happen literally overnight, and how to prepare yourselves and your families to survive.Links Royce recommends for Preparing:grunt proof - YouTube garand thumb - YouTubeThe American Police Hall of FameMuseum and Shooting Center (open to public), Law Enforcement and Civilian TrainingFreedom GunsFirearms, Ammunition, Accessories, Training classes The Gun Site9-Lane 25 yard indoor Shooting Range, Gun Store, Training classesWJS GunsGun and Outdoor Shop, ammo, accessories, fishing tackle, moreSHOOTINGCLASSES.COMOnline business operations platform for firearms instructors, trainees, and Shooting RangesCounter Strike TacticalBest Little Gun Store in Melbourne, Florida! Veteran Owned and Operated 321-499-4949Go2 WeaponsManufacturers of AR platform rifles for military and civilian. Veteran Owned and OperatedEar Care of MelbourneNeed hearing aids? Go to the audiologists that gave Royce his hearing back!Glover Orndorf and Flanagan Wealth Mgmt.Wealth management servicesQuantified PerformanceQuantified Performance, LLC is focused on building safe, high performing keepers and bearers.Sicarios Gun ShopFirearms, Accessories, Ammo, Safes, and more!Disclaimer: This post contains affiliate links. If you make a purchase, I may receive a commission at no extra cost to you.Support the showAskari Media GroupBuy Paul Eberle's book "Look at the Dirt"Paul Eberle (lookatthedirt.com)The Deadly Path: How Operation Fast & Furious and Bad Lawyers Armed Mexican Cartels: Forcelli, Peter J., MacGregor, Keelin, Murphy, Stephen: 9798888456491: Amazon.com: BooksVoice of the Blue (buzzsprout.com)
In this episode of Weaver: The Alternative Edge, hosts Blayne Lowary and Vardeep Mann delve into the intricacies of Qualified Small Business Stock (QSBS). This conversation provides crucial information for investors and fund managers looking to maximize tax benefits through QSBS. Lowary and Mann bring valuable insights into how QSBS can be a significant advantage for non-corporate taxpayers, providing substantial exclusions on capital gains. Key Points: • QSBS can provide substantial tax exclusions, potentially excluding up to $40 million of gain from taxable income.• Claiming QSBS benefits requires proper documentation and portfolio company representation.• Investors should be aware of pitfalls like warehouse investments and subsequent closes, which may disqualify QSBS eligibility. Lowary and Mann discuss the key aspects and potential challenges of Qualified Small Business Stock (QSBS). They emphasize the importance of understanding QSBS eligibility criteria, including the need for proper documentation and portfolio company representations. “One of the requirements for stock to be eligible for QSBS is it has to be received upon original issuance,” Lowary said.Additionally, the discussion covers critical gray areas, such as the impact of convertible notes and SAFEs on QSBS eligibility and the complexities surrounding carried interest. “Convertible notes and SAFEs are a gray area, specifically regarding when the clock starts for the five-year hold period,” Mann said. This episode serves as an essential guide for those navigating the QSBS landscape. Subscribe and listen to future episodes of Weaver: The Alternative Edge, on Apple Podcasts or Spotify.©2024
On todays episode, Brenda speaks with Marcia Dawood. Marcia is a passionate advocate for positive change in empowering and educating everyone on how to invest. Her book "Do Good While Doing Well – Invest For Change, Reap Financial Rewards and Increase Your Happiness", is due out in September 2024 and this episode provides previews to our listeners. Brenda and Marcia speak about Purpose: Doing Good While Doing Well. How Marcia lives her purpose is as an author, host of the podcast The Angel Next Door, Chair Emeritus of (ACA)Angel Capital Association, the global professional society for angel investors, and on the board of Stella, a non-profit that supports female entrepreneurs. She is also a Venture partner at Mindshift Capital, and she currently serves on the SEC Securities and Exchange Commission's Small Business Capital Formation Advisory Committee. You can find out more about Marcia at: https://www.linkedin.com/in/marciadawood/ marcia@marciadawood.com Watch her Tedx Talk here Order her Book here Interview with Catherine Gray host of She Angels Series- Invest in Her: You can subscribe to Next Act Advisors at https://nextactadvisors.com/product/subscriptions/ and be sure to use the special discount code "sandbox25" for friends of The Founder's Sandbox for 25% off your subscription. Transcript: 00:04 We're standing on the edge of something big. We're going to make some changes. Hi, I'm pleased to announce something very special to me, a new subscription-based service through Next Act Advisors that allows members exclusive access to personal industry insights and bespoke 00:32 corporate governance knowledge. This comes in the form of blogs, personal book recommendations, and early access to the founder's sandbox podcast episodes before they released to the public. If you want more white glove information on building your startup with information like what was in today's episode, sign up with the link in the show notes to enjoy being a special member of Next Act Advisors. 01:01 As a thank you to Founders Sandbox listeners, you can use code SANDBOX25 at checkout to enjoy 25% off your membership costs. Thank you. 01:18 So welcome back to the Founder's Sandbox. I am Brenda McCabe, host of this monthly podcast now in its third season. This monthly podcast that reaches entrepreneurs and entrepreneurs and business owners who learn about building resilience, scalable and sustainable businesses with great corporate governance. I want to assist entrepreneurs and entrepreneurs in building those scalable, well-governed and resilient businesses. And by way of 01:47 inviting guests to the podcast who are themselves founders, business owners, corporate directors, investors, and professional service providers who also share my mission, which is using the power of the private enterprise, be that small meeting at large to create change for a better world. Through storytelling with my guests on topics that are going to include resilience, purpose-driven, and sustainable growth, 02:16 My goal through this podcast is to provide a fun sandbox environment where we can equip one startup founder at a time to build a better world through great corporate governance. I'm absolutely delighted today. My guest is Marsha Dalwood. She's joining the podcast. She checks a lot of boxes, but she's today joining as a passionate advocate for positive change by empowering and educating 02:45 everyone on how to invest. So when I met Marcia back in February through one of our events with Ty So Kow, she had launched or was speaking about launching her book that's coming out on September 10th, Do Good While Doing Well, Invest for Change, Reap Financial Rewards, and Increase Your Happiness. I couldn't help but ask her to be a guest because she also has 03:14 passion or a mission, and that is for positive change. And one of many things she's done is authoring this book, which we'll get into a sneak preview of the contents of this book before its launch on September 10th, 2024. I like to choose a title with my guests that are around purpose or sustainability or resilience. And we chose a title for this episode 03:43 which is purpose, do good while doing well. So thank you today for joining me, Marcia. So happy to have you here in the Founder Sandbox. Oh, I'm so happy to be here. Excellent. So, you know, our paths crossed, I mentioned it earlier at the Thai SoCal chapter, the Indus Entrepreneurs SoCal chapter, where you spoke recently on some of the data coming out 04:13 the Angel Capital Association, as well as your role with the SEC. Before I get into my first question, I did want to give my listeners your entire background, your biography. It's very impressive and very extensive. You live your purpose as a multifaceted professional, your author of the book that I just mentioned, Do Good While Doing Well. 04:43 You are also a host of a podcast, The Angel Next Door. You are chair emeritus of Angel Capital Association, ACA. It's a global professional society for angel investors. And you're on the board of Stella, a nonprofit that supports female entrepreneurs. You're also a venture partner at MindShift Capital, and you currently serve on the SEC. 05:10 Securities and Exchange Commission's Small Business Capital Formation Advisory Committee. So thank you for bringing your expertise here into this podcast today. Well, thank you for having me. So can you share for my listeners some of the highlights you walked us through in February while distinguishing the role of an angel investor, a range of fund groups versus VC? 05:37 I mean, some of the trends you're seeing in the markets. Sure. Well, to put it very basically, an angel investor is somebody who writes checks out of their own checkbook. A venture capitalist will pool funds from other people, so they're using other people's money. And therefore, they're held to certain standards, and they're held to certain financial returns that their investors are expecting. 06:06 So angels, while we also of course would love and expect a financial return, we invest in the things that we really care about and are very passionate about. And we don't necessarily have the same time horizons and the same guidelines that venture capitalists do, which makes us a little bit more plausible for being immutable for being able to do certain things and invest in the way that we want to. So, 06:34 Over the last two years, especially maybe even going on two and a half now, the market has been very challenging for entrepreneurs to fundraise at any stage. The market has been very challenging for exits and liquidity. So angel investing or investing in early stage private companies means that you're investing in a company that is not. 07:01 publicly traded on the stock market, like you would see a stock like Apple or something like that. Got it. In order for the investor to have any type of liquidity, there has to be an event. Either the company is sold, or in rare instances, the company would go onto a public stock market, or an IPO, as we call it. So in those particular instances, when there is liquidity, then that money can in a way 07:30 can oftentimes be put back into the startup scene, the entrepreneurial ecosystem, as we call it. And a lot of times, investors will take any money that they do get as a gain from a previous investment and put it into other startup companies so that that capital can keep flowing. That's kind of the whole idea behind as people are getting returns. So that's really the biggest difference between an angel investor and a venture capitalist. 08:00 But right now it's been challenging for everyone because of this lack of liquidity that we've been seeing in the marketplace for the last two and a half years. Now we do think that there's been some talk that that market is gonna start to open up a little bit more. We will see more M&A activity. And if that's the case, then hopefully we will start to see more liquidity and then there will be more capital for investing. And 08:26 as an asset class, right? Angel investing. And with your role as chair emeritus and while you were also chair of ACA, what spurred you to write about angel investing, right? Is this the culmination of your years of experience? Walk my listeners through what made you take the time to actually write a book, do good while doing well. 08:52 Yeah, I think it was out of frustration more than anything. I would talk to people, even neighbors, friends, people I would meet at an event. And I would say, yeah, I'm an angel investor. I help early stage companies. And they were like, wow, that seems really interesting. And I would say, well, you could be an angel investor too. And they would be like, me? I could be an angel investor? I thought that was only for the rich and well-connected. 09:22 that isn't something I could do. I don't know anything about that. I don't have a degree in finance. I don't really think that's for me. So it wasn't that they didn't want to do it. They really just didn't believe that it was something that they were able to do in a way, either from a wealth or income standpoint or from a knowledge standpoint. So I thought, wait a minute, I think there's an awareness problem here because we have all these amazing entrepreneurs. They're building incredible innovations that the world needs. 09:52 But they're really struggling. I mean, struggling with fundraising. And it's one of the hardest things that they end up doing. And it's like a full-time job on top of the full-time job of them trying to build this company. So wait a minute, how can we fix this problem? Well, we could fix the problem if more people got involved and became investors, but that seems daunting. 10:17 So I thought, well, how can I help people realize that that doesn't really have to be quite so daunting? And you can kind of nowadays because of a lot of the regulatory changes that have happened in the last eight to 10 years, you can maybe step your way into it and really start to learn with basically putting less money at risk and you're gaining knowledge at the same time. You can also be a mentor to startup companies. That's become very popular and needed in the last several years. 10:46 All of these things that people don't really know about, that was what I was trying to do, demystify it. Right. And if you had to provide a sneak preview on the gut of your book, what would that be? Set takeaway. And who should be your target audience? Is it just the, is it actually entrepreneurs or is it those people that are just kind of wanting to become more informed around the asset class? Yeah, great question. 11:16 So I wrote the book for people who want to make a difference, but they just don't know how one person alone can do that. Okay. I think you feel that charity is a great way to give back, which of course it is, but they have no idea that this asset class also exists in a way that you can give back and potentially get a financial return at the same time. So that's really who I wrote the book for. As far as a sneak peek as to what's in the book, it is a Y2 book. 11:45 about angel investing. So I saw that there were several books out there and some of them are really amazing on how to angel invest. And most, if not all of them, have the words angel investing in the title. I thought to myself, wait a minute, if somebody really wants to learn about this, but they don't even know that it exists or that it's accessible to them, why would they ever pick up a book on how to be an angel investor? Because this has never even crossed their radar. So how can I attract them? 12:14 to think about things in a different way, to think about how they might use some of their capital in a different way. And when I say capital, I don't just mean money. It can be their human capital, their time. They could be helping an entrepreneur through mentorship. How can they start to look at the resources that they have in order to help grow innovative companies? How can they think about that differently so that they will want to then go and help either people in their local community and in their local area? 12:44 or maybe even startups nationwide or globally. I did watch your TEDx talk and I really do like how you have positioned the asset class or why is angel investing important if you want to make a difference versus charitable giving. And in your TEDx talk that will be in the show notes, you illustrated that extremely well. 13:13 That's very unique. Yes, thank you. And I really want people to donate to charity, help charities, that's fantastic. But we've put such a burden on them and they don't have the resources. They don't have the ability to actually take some of these innovations forward. We need those for-profit companies too. And when you look at the amount of charitable giving that happens in the U.S. annually, it's about 475. 13:41 billion, which is a lot of money. And that's wonderful. But that is equivalent to only about 1% of the value of the US stock market. So when we put things into perspective, it's really not doing any of these nonprofits of good service to say that we're going to put the burden all on you. And what is the size currently of the asset class as angel investing per ACA? Well, pretty much, if you look at the SEC data, 14:10 The most recent data has around $30 billion is where the angel asset class kind of lands. And then from there, we can look at that as far as there's angel groups, there's angel funds, and then there are individual angels. I tend to be a pretty big proponent and fan of angel funds. It allows somebody to put in a certain amount of money and nowadays it does not have to be 14:39 a quarter of a million dollars or any crazy big amount, they could put in a couple thousand dollars and get access to a diversified portfolio, which would allow them to spread their risk and not necessarily put all their eggs in one basket, as you would say. Right, right. Let's kind of switch gears here. While not entirely leaving your experience behind from ACA, you're currently, so you, 15:09 are you've had many women leadership roles, right? Now, whether you got there as a woman, I don't believe so, but what you've had many women leadership roles, most recent, well, maybe the most, I think, relevant for this podcast is you are currently an advisor to the SEC's... 15:34 Small Business Capital Formation Advisory Committee. Now getting there, and it really ties in well with corporate governance and how to do things, well informed with data so as to provide our regulatory structures or financial or legal with guidance and you're representing the small business world. Are you the only woman on the advisory committee? Talk to me through some of the women leadership roles you have had and 16:04 how you've obtained them and how you are opening opportunities for other women leaders. Yeah. So I have been on the investment committee of several funds. Okay. We were specifically focused on helping to get capital to female founders. If you look at the data over the last several years, although in angel world, it is improving in the venture capital world. And when you for the bigger dollars that companies really need to scale. 16:34 The statistics show it's been, you know, two to 3% of the funding goes to women and the rest goes to male led companies. So I've really been trying to help change that. And one of the ways to change that is to get the check writers or the people making the decisions about where the money goes to be more diverse. So to me, it was important to serve on some of these different investment committees for various funds, help with angel groups. 17:03 member of Golden Seeds, which invests only in women-led companies. I'm also a venture partner for MindShift Capital, where we invest in women-led companies globally. So those were things that were important to me. At the Angel Capital Association, I also started with a couple of my peers. We started a group called Growing Women's Capital. It's a peer group within the Angel Capital Association, where we help bring focus and attention to the female founders who are fundraising at the time. 17:33 And so those were all things that were important to me. As far as getting to be able to participate on the SEC's advisory committee, that's been great. And it is an extremely diverse committee, which I absolutely love. There's really representation there from men, women, racial disabilities, I mean, everything so that every group, I feel has a voice at the table because we're trying to represent 18:03 small businesses across the country. And that doesn't necessarily always mean startups, startups are scale businesses that people would want to invest in. But we also have people on the committee who are representing your Main Street businesses as well, coffee shops, things like that. Excellent. And the, can you talk a little bit about Stella? It's also. 18:30 a nonprofit group in which you've been involved, I think, since its inception. I have definitely been a champion and a supporter for Stella since its inception. I've only been on the board for a very short period of time. But the organization is really wonderful. They have done a lot as far as entrepreneurial education for women. They have an archive on their website of different. 18:58 different educational materials. They have an accelerator. They're always promoting ways that more female founders can get in front of investors. So they're doing some really good work over there. Can you get into a bit what is your role on the Small Business Capital Formation Advisory Committee? How often do you guys meet? What is the agenda? And what is the term? Because this is just one of many. 19:28 advisory committees under the auspices of the SEC? I'm just fascinated on what is the actual governance around that. Sure. So it's a four-year term, and I'm one year in as of now. We meet quarterly, usually in person at the offices in Washington, DC. Sometimes we meet virtually. It just kind of depends on the situation, but usually we meet in person. Meetings are all recorded. 19:56 and broadcast live over the SEC's website. So anyone who wanted to go back and watch any of the meetings, or if you wanted to watch any of the future meetings live, that is absolutely doable. They're always listed on sec.gov, the website. So the role is really for us to be able to help the commission get a better sense of what's happening, kind of boots on the ground. 20:26 So each of us has a little bit of a different angle for how we represent small businesses. I of course come with the angel investing lens. There's another person on the committee who has a debt crowdfunding platform that he founded. And that's a very interesting perspective since that's something that's kind of newer to the state of how entrepreneurs can fundraise. So we're all. 20:54 trying to have basically a conversation about some of the challenges that entrepreneurs face when it comes to fundraising. And one of the things that we tackled quite heavily, at least for the first few meetings that I was involved in was the accredited investor definition. Got it. As it stands right now, to be an accredited investor means you have to have a certain level of wealth or income, $200,000 by yourself, 300,000 with a partner. 21:23 or a million dollars in net worth minus your home. And there was talk or has been talk that that could be indexed or changed or raised. And we did some rough calculations at the Angel Capital Association. There were also calculations done, then I don't remember the exact numbers, but you could go even go back and watch our meeting on sec.gov and you'd be able to see that, but it would eliminate. 21:47 a lot of the people who were already angel investors. And we only have about 300,000 angel investors in the country. And remember, there's about 330 million of us here that live in the US. So, there's a lot of opportunity, let's just say that. And if we started to eliminate the ability for people to participate based on an income or wealth level, that would be challenging. And it would make fundraising for entrepreneurs even that much harder. 22:14 So what we suggested in one of the, and you can actually see the recommendation that we made on the SEC's website, but we made a recommendation to say, hey, how about we don't actually focus so much on income and wealth and we focus more on education. And we'd like to see there be an education component that would allow for more people to be able to participate in this asset class. And the Angel Capital Association has put in 22:43 And I think there were some others as well who have put in some proposals to say, hey, we could help with this. So that's kind of where we are right now. Right. And as emeritus chair of the ACA, can you talk about some of the innovations that have come out recently? You've talked about angel funds. I'd like you to talk. You've talked a little bit now about credit investor and the definition of your work at the SEC. 23:13 But the recent publication, I'm a member of ACA, attended the annual summit this year. I found the work that you've done on the actual convertible note form for the angel investment is fascinating. Can you talk a little bit more about that? Sure. So there are documents that were put out by the National Venture Capital Association years ago 23:42 companies who want to fundraise to use those documents for a priced round. Of course, that would be for actual equity, you're selling shares of your company, that kind of thing. And those are great. And very, very helpful to entrepreneurs, because I think in some cases, it can save them a lot of time and money in legal costs. However, there wasn't really anything out there that could be used for convertible notes. 24:09 Safes, yes, there is a kind of a standard safe note that people view and that has also saved entrepreneurs time and money, but the Angel Capital Association was interested in putting something out that was like that, but in the convertible note form that was more, quote unquote standard or something that, at least a starting point for entrepreneurs so they didn't have to start from scratch or have to go to an attorney and have them draw up all kinds of paperwork. So yeah, and that's available on the ACA's website. 24:40 So this which gears back to one of your other facets. You are associate producer of a film called Show Her the Money. I first heard of it through, I guess meeting in February and the Thai SoCal chapter on September 19th will be actually screening this film. 25:09 in conjunction with a global competition for women led company. So I'm, when I, um, learned that you would join me as a guest, um, of the podcast, I was delighted to get kind of a scoop also about show her the money, how you got involved as associate producer and what can we expect? Yeah, it turned out to be a tremendous film. 25:35 Catherine Gray and Kai Dickens, who put it all together, Kai Dickens, the director, it was Catherine Gray's idea, have really done a tremendous job of showcasing through storytelling the problem and bringing more awareness to this problem. So Catherine Gray and I met after somebody saw my TED Talk and saw hers and said, hey, do you guys know you're talking about almost exactly the same thing? 26:02 know each other. And this was at the time right before the film came out that Katherine was still looking for a few investors. And so I myself and a couple other angels that I know we, we kind of helped fill that round up so that she could move the move the film forward. And we've been on a 50 city tour that's now turning into probably close to 100 cities. Katherine's been such a trooper. She has really gone to a lot. 26:30 a lot of the screenings. I've gone to several, but it's a lot to kind of go city to city almost, I mean, there's nowadays, there's a showing almost every day in different places around the country. So there, we try to have at least someone from the film or an associate producer there at each of the screenings, but it's really been fun to showcase it. 26:54 We always have a panel afterward and we get questions from the audience. We let the audience kind of, you know, give their comments and what they're thinking about it. And the, I mean, the feedback has just been tremendous. And will there be a sequel? That's a good question. There's a lot of talk about a lot of different types of things, so you never know. Right, excellent. So you heard it here on the Founder's Sandbox. Marsha Dawood is actually. 27:22 Associate producer of a film, Show Her the Money. The Thai SoCal chapter will be screening the film on September 19th at Noah House here in Hollywood, Los Angeles, so very exciting. Well, Marcia, I like to have a part of my podcast where my listeners can learn about how to contact you. They will be, you have many touch points, but what would you... 27:51 suggest as some of the best ways to get in contact with you? Well, I would just say go to my website, which is simply marshadalwood.com. You can learn about all kinds of things. I have lots of free resources there. Currently, you can even download a free chapter of the book as a preview. Oh, to do that, they can do that. And of course, I have everything, I linked everything on there, including the TEDx talk in Charlotte. I did do a rap battle. I don't 28:20 Did you do a rap battle? I did a rap battle called Angel Investor versus Venture Capitalist. Because I was watching YouTube with my step sons one day and we saw a rap battle between Snow White and Elsa. I thought, well, that's clever. And that's a cute way to like kind of get a message across. 28:44 maybe I could do a rap battle about an angel investor versus a venture capitalist just so that people would kind of have a better understanding of what the differences are. So one day I just sat there, this was before chat GPT, and kind of wrote it out, you know, like what it would be. And, and of course, I'm cracking myself up the whole time. And because I was like, Oh, that's funny, you know, how can we make that, you know, more clever? So anyway, 29:13 I debuted it at one of the ACA summits a couple of years ago, but that's all I can say to you. Excellent. So in the show notes, you will have access to the TED Talk, the order online of Marsha Doudwood's new book, and you have your podcast, the Angel Next Door podcast. And who do you invite there? Well, I saw a need about three years ago. That's when I started it. 29:42 that there really wasn't anybody talking about how do you become an angel? Or how would you help a company with either mentoring or helping them with investing? There's a lot of podcasts out there about entrepreneurship, lots of things about pitching, raising money, how did you build your business? And they were great, I like all of them. But I was really seeing a need for how can we showcase this, an angel. 30:08 that can be anybody, it can be your next door neighbor. So that's kind of how the title came about. And on the podcast, I have people who are angel investors who are just telling their story about why and how they became an angel investor, how they learned about it. But from there, it's kind of spun into other things. I've had four Congress people on talking about small business in their community and why it's important and what they're doing in Congress in order to help to... 30:38 spur economic development. I've also had two of the SEC commissioners on, which is fun to go through what they're thinking about and the changes that could potentially also help entrepreneurs. And then I've had several people come on who were experts in areas like equity crowdfunding, debt crowdfunding, revenue-based financing. 31:00 And then of course, one of the things that angels always wanna know about are tax benefits, even though taxes sometimes seems like a boring topic, taxes are something that everybody really needs to know about and there are several tax advantages that angels can partake in, but many are not known. Exactly. Excellent. So before we finish, I actually go back to 31:29 the founder sandbox and kind of the three cornerstones that I am working on as my mission and building resilient, purpose-driven and scalable companies. So I always like to ask my guests and not one guest has the same definition or I guess the meaning to each of these terms. So I'd like each of you to tell me what does resilience mean to you, Marsha? 31:56 So when I think of resilience, it makes me think of how hard it is for an entrepreneur to build a company, just anyone to build a company. So resilience is that tenacity that you need in order to keep going on the hard days and the days that you just wanna throw your hands up in the air and say, why am I doing this? So that is really so important because building a company is such a... 32:22 hard work and it's so much harder than I think anybody ever realizes when they go into it. And I've talked to so many entrepreneurs who've said, oh my gosh, this is like, this is way, way, way harder than I thought it was going to be. But it also takes a village. So that resiliency needs to have a community around it. And so that's why I really am such a proponent of angel investing because we really can form that community and help build the resilience with the entrepreneur. Thank you. Purpose driven. 32:51 I think you have a purpose, right? Which is educating on the asset class and how to become an investor. So what is purpose driven for you? Well, I think that goes back to do good while doing well. I mean, I wasn't necessarily going to title my book that. It was the title of my TEDx talk. However, I went through... 33:16 as you do as an author, you go through many, many, many iterations of what the title is gonna be, because it's one of the most important things. And I did several focus groups where I gave people options about titles and do good while doing well, kept coming back and people were like, that resonates with me. So then I just think, purpose driven, that's what people really, that was the thing that really, it just stuck with them. And so, 33:45 I think aligning your values with your money, with your goals, you know, all of those things are a great way to be purpose driven. To make a difference. Right. Sustainable growth. What's the meaning for you sustainable? So sustainable means like long term, we need to be able to do something that's hard and be able to. 34:12 continue to do it. And if we come up against roadblocks, how do we pivot? We tell entrepreneurs all the time, it's okay to pivot. It's okay if you come up against something in your company and you're like, wait a minute, this doesn't fit or it doesn't work and maybe I need to change something, that's okay. I mean, everything that happened in 2020 with COVID. Oh my goodness. Lots of pivoting, right? So to me. 34:37 sustainable growth is like, how can we do that? How can we be in the right mindset so that no matter what happens, we can keep going and we can keep building what we really wanna see in the world. Very nice, thank you. Last and final question, Marcia. Did you have fun today in the sandbox? Oh, love playing in the sandbox. And had I known that you were also a rapper, I would have had a question in there, but thank you for sharing the fun side. 35:07 angel investing, right? So to my listeners, if you like this episode with Marsha Dawood, sign up for the monthly release of founders, business owners, corporate directors, and professional services go-to podcast to learn about how to build resilient, purpose-driven, and scalable companies while doing good. Thank you very much for joining me and Marsha Dawood signing off for today. Thank you.
Congratulations! You just found an investor who believes in you and wants to fund your business. Now comes the next hard part - structuring the deal and setting up your startup paperwork. For early stage entrepreneurs, the step can be confusing and overwhelming, but it doesn't have to be complicated. In fact, you can get it dialed in quickly with minimal headaches. That's if you set it up right from day 1. The key? Being flexible, growth-friendly and accommodating future changes. What are the two setups you can use? How do you make negotiations easier? How do you build in your option pool, and make sure you do right by the employees who believed in you early? In this episode - part 4 of the 5 stages of funding, I talk about the components of startup paperwork and the least complicated way to set it up. Topics Covered; -How to set up your seed funding with terms that are flexible and future-proof -Why you don't want to have a valuation too early -SAFES vs. convertible notes -How to get into momentum faster -How to get legal counsel without breaking the bank About Your Host Jayla Siciliano, Shark Tank entrepreneur turned real estate investor, excels in building brands, teams, and products. CEO of a bi-coastal luxury short-term rental company, she also hosts the Seed Money Podcast where she's on a mission to help early-stage entrepreneurs turn their ideas into reality! Connect: Website: seedmoneypodcast.com Instagram: @jaylasiciliano Subscribe and watch on YouTube @seedmoneypodcast The information in this podcast is educational and general in nature and does not take into consideration the listener's personal circumstances. Therefore, it is not intended to be a substitute for specific, individualized financial, legal, or tax advice.
In this episode of The Data Minute, Peter Walker (Head of Insights at Carta) is joined by David Willbrand (Chief Legal Officer, Pacaso) for a wide-ranging conversation on fundraising with SAFEs, liquidation preferences, and the relationship between founders and lawyers. What started as a discussion on the technical aspects of raising a SAFE, late-stage liquidation outcomes, and other fundraising topics turned into an examination of the founder/lawyer relationship with one of the world's top experts on the subject. It's a unique look at a partnership that you don't want to miss. Subscribe to Carta's weekly Data Minute newsletter: https://carta.com/subscribe/data-newsletter-sign-up/Explore interactive startup and VC data, with Carta's Data Desk: https://carta.com/data-desk/Chapters:00:16 Intro02:01 Are SAFEs properly understood?07:41 What should founders know before a priced round?13:30 Valuation caps and discounts20:30 How much should liquidation preferences matter?32:02 Exploring the value of counsel to founders41:41 The shifting perception on founder secondaries 47:09 OutroThis presentation contains general information only and eShares, Inc. dba Carta, Inc. (“Carta”) is not, by means of this publication, rendering accounting, business, financial, investment, legal, tax, or other professional advice or services, and is for informational purposes only. This presentation is not a substitute for such professional advice or services nor should it be used as a basis for any decision or action that may affect your business or interests. © 2024 eShares, Inc., dba Carta, Inc. All rights reserved.
Carta is the backbone of most venture-backed startups. They have access to specific information about every single round, not just what's reported in TechCrunch. Today, Peter Walker, Carta's Head of Insights joins us to share the findings from Carta's Q2 reports. We go deep into data from pre-seed, seed and Series A rounds. We cover median valuations, time between rounds, graduation rates between rounds, the AI and repeat-founder premiums, and much more.VCs know most of this data. Founders need to be equally well-informed. You won't want to miss this episode.Why you should listen:What are the typical pre-seed, seed and Series A rounds.Why stacking SAFEs is very dangerous.How to minimize dilution in the early-stagesWhat is standard founder ownership, founder equity splits and ESOP sizes.Why the graduation from Seed to Series A is so low and the bar for Series A so high.Many more data points for pre-seed to Series A Venture Capital and Startup data.Keywordsstartup ecosystem, fundraising trends, total fundraising, down rounds, bridge rounds, company shutdowns, pre-seed funding, seed funding, series A funding, valuations, round sizes, dilution, founder equity, early employees, equity compensation, seed round size, series ATimestamps:(00:00:00) Intro(00:01:35)Findings from the Q2 Report(00:06:12)Typical Pre-Seed Round(00:07:29) Post Money Safe vs Pre-Money Safe(00:11:54) AI and Repeat Founder Premiums(00:15:03) Typical Seed Round(00:17:07) Time & Graduation Rates Between Rounds(00:22:08) Typical Series A(00:28:14) Equity Splits(00:35:02) Founder OwnershipSend me a message to let me know what you think!
In this episode of The Data Minute, Peter Walker (Head of Insights at Carta) is joined by Charles Hudson (Managing Partner and Founder, Precursor Ventures and writer of the Venture Reflections Substack - chudson.substack.com) for a deep discussion about pre-seed deals, the differences between multi-stage and small funds, and the types of investing that work in this AI dominated market. They also cover SAFEs, how pre-seed investing has changed, Charles' time in the National Venture Capital Association, and how what happens in Washington can affect emerging managers nationwide.Subscribe to Carta's weekly Data Minute newsletter: https://carta.com/subscribe/data-newsletter-sign-up/Explore interactive startup and VC data, with Carta's Data Desk: https://carta.com/data-desk/Chapters:00:00 Welcome1:42 Intro to Precursor Ventures7:06 The changes in pre-seed syndication13:38 Setting aside reserves in funding15:23 Competing with multi-stage funds19:12 Distinctions in AI funding 23:09 Making the case for small funds30:51 SAFEs and priced rounds37:47 Handling LP concerns39:34 Secondary selling and liquidity 43:24 Speed round questions43:29 Most interesting sector or subsector for investment?44:12 Most unique way that a GP has brought value to a portco?45:45 The one question more founders should ask in fundraising?48:16 The National Venture Capital AssociationThis presentation contains general information only and eShares, Inc. dba Carta, Inc. (“Carta”) is not, by means of this publication, rendering accounting, business, financial, investment, legal, tax, or other professional advice or services, and is for informational purposes only. This presentation is not a substitute for such professional advice or services nor should it be used as a basis for any decision or action that may affect your business or interests. © 2024 eShares, Inc., dba Carta, Inc. All rights reserved.
Send us a Text Message.First, Royce asks some pertinent questions about the alleged assassin's vehicle(s), one article saying he rode his bicycle to the rally, then another article said he drove a white van, and a third claims he drove a Hyundai Sonata! Then, Mayorka the Marxist appoints a rabid Trump hater to the investigative overview panel, while the Secret Service head, an incompetent, bumbling, ignorant DEI hire, claims to not have the answers to any of the questions thrown at her today on Capitol Hill. Also, a look at the actual roof of the building the alleged shooter allegedly fired from and its immediate relation to another building that could very well have been used by a second shooter. The kid may have been just a distraction to cover the actions of others. So many discrepancies and things that simply don't fit the official stories and more are undoubtedly on the way, and Royce cuts through the crap with simple questions.Article link:Photos of Thomas Crooks at Butler Rally Prove Snipers Were 40 Feet from Him as Shots Rang Out | The Gateway Pundit | by Benjamin WetmoreThe American Police Hall of FameMuseum and Shooting Center (open to public), Law Enforcement and Civilian TrainingFreedom GunsFirearms, Ammunition, Accessories, Training classes The Gun Site9-Lane 25 yard indoor Shooting Range, Gun Store, Training classesWJS GunsGun and Outdoor Shop, ammo, accessories, fishing tackle, moreSHOOTINGCLASSES.COMOnline business operations platform for firearms instructors, trainees, and Shooting RangesCounter Strike TacticalBest Little Gun Store in Melbourne, Florida! Veteran Owned and Operated 321-499-4949Go2 WeaponsManufacturers of AR platform rifles for military and civilian. Veteran Owned and OperatedEar Care of MelbourneNeed hearing aids? Go to the audiologists that gave Royce his hearing back!Glover Orndorf and Flanagan Wealth Mgmt.Wealth management servicesQuantified PerformanceQuantified Performance, LLC is focused on building safe, high performing keepers and bearers.Sicarios Gun ShopFirearms, Accessories, Ammo, Safes, and more!Disclaimer: This post contains affiliate links. If you make a purchase, I may receive a commission at no extra cost to you.Support the Show.Buy Paul Eberle's book "Look at the Dirt"Paul Eberle (lookatthedirt.com)The Deadly Path: How Operation Fast & Furious and Bad Lawyers Armed Mexican Cartels: Forcelli, Peter J., MacGregor, Keelin, Murphy, Stephen: 9798888456491: Amazon.com: Books
In this episode of The Data Minute, Peter Walker (Head of Insights at Carta) is joined by Kate Shillo Beardsley (Founding Partner, Hannah Grey) for a wide-ranging conversation on VC, private equity, investor trends, and the chasm between seed stage startups and those that make it to series.This jam-packed conversation also includes a debate on priced rounds versus SAFEs, the importance of a founder's DNA over where they are located, and, of course, AI.Subscribe to Carta's weekly Data Minute newsletter: https://carta.com/subscribe/data-newsletter-sign-up/Explore interactive startup and VC data, with Carta's Data Desk: https://carta.com/data-desk/Chapters:00:00 Welcome03:29 Intro to Hannah Grey04:44 How are a VC or thesis and a sector different?07:02 Discovering and identifying trends10:11 Leading vs. following in investing15:25 Priced rounds, SAFEs, and leverage21:22 Developing an AI thesis 25:42 The Series A Chasm32:10 Is it easier to build a business today with less cash?34:47 Difference in founder mindset by geography37:16 The thesis Kate is most excited about right now39:26 Most unique way a fund has brought value to a portco42:22 The number one question founders should ask during fundraising 45:28 When does venture stop being positive?This presentation contains general information only and eShares, Inc. dba Carta, Inc. (“Carta”) is not, by means of this publication, rendering accounting, business, financial, investment, legal, tax, or other professional advice or services, and is for informational purposes only. This presentation is not a substitute for such professional advice or services nor should it be used as a basis for any decision or action that may affect your business or interests. © 2024 eShares, Inc., dba Carta, Inc. All rights reserved.
In this episode, Peter reads a few of your most pressing questions for a special pre-seed focused Data Minute Q&A. Using information from the State of Pre-Seed: Q1 2024 report, Peter uses five charts to answer five questions related to pre-seed fundraising. Learn about:How pre-seed funding is faring in this marketSAFEs and convertible notesValuation caps and your businessYou can access this data and more with our State of Pre-Seed: Q1 2024 report, which you can read here: https://carta.com/blog/state-of-pre-s...Plus, if you want us to answer your question on the Data Minute, send us an email to dataminute@carta.comAlso, if you're a pre-seed founder, you can start building your cap table and fundraise with SAFEs for free on Carta Launch. Learn more here: https://carta.com/launchChapters:00:00 Intro00:35 How is pre-seed funding faring in this venture capital downturn?01:24 What sorts of instruments are pre-seed founders fundraising on?02:11 What kind of SAFE should I use?03:43 What are the key terms of a SAFE that I need to understand?04:51 What valuation cap should I choose for my business?06:26 Final thoughtsThis presentation contains general information only and eShares, Inc. dba Carta, Inc. (“Carta”) is not, by means of this publication, rendering accounting, business, financial, investment, legal, tax, or other professional advice or services, and is for informational purposes only. This presentation is not a substitute for such professional advice or services nor should it be used as a basis for any decision or action that may affect your business or interests. © 2024 eShares, Inc., dba Carta, Inc. All rights reserved.
Rudy, a founder in fund-raising mode, received a verbal term sheet. A what? Heidi informs Rudy that there is no such thing as a verbal term sheet and flags all the other issues with the investor's offer. In this episode, Heidi resets Rudy's expectations of what is involved in the fund-raising process, including the time it will take to properly diligence investors. More information: https://www.threshold.vc/podcast/the-case-of-the-verbal-term-sheet Further Reading: Here's a great piece about whether Term Sheets are legally binding, and what happens to your reputation if you renege on one. Term sheets are typically non-binding in that neither side is obligated to close the deal. But what is usually binding is confidentiality and exclusivity: https://www.jdsupra.com/legalnews/are-term-sheets-really-nonbinding-1765649/ Y Combinator has a great piece on seed fundraising, which goes into detail about debt versus equity here: https://www.ycombinator.com/library/4A-a-guide-to-seed-fundraising Here's a good post on SAFEs versus convertible notes: https://blog.hubspot.com/sales/safe-vs-convertible-note And, finally, seed-stage investor Chris Neumann on how to diligence a VC: https://chrisneumann.com/archives/how-to-diligence-a-vc
Finally, a safe place for the Victorians to keep their matches. Now with attached knife!