Tips from Venture Capitalists on Fundraising Right Now

Learn more about NetSuite’s Business Grows Here event series: https://tinyurl.com/bdeabwr7

 

In this episode of the NetSuite Podcast, cohost Megan O’Brien sits down with JD Weinstein, Global Director of Oracle’s Venture Capital Practice. He discusses the findings from a panel he moderated at NetSuite’s Business Grows Here event stop in St. Louis [2:01]. They then play excerpts of the panel featuring Dan Conner, general partner at Ascend Venture Capital, and Craig Herron, managing principal at iSelect [8:50]. They discuss the advice they have for early-stage founders, including tripling the amount of investors they reach out to and tripling the amount of time spent fundraising [15:46]. Dan and Craig cover the status of dry powder since its 2021 highs [27:37]. They conclude by sharing their top takeaways for founders [36:25]

 

Follow Us Here:

 

Business Grows Here: https://tinyurl.com/bdeabwr7

 

JD Weinstein LinkedIn: https://www.linkedin.com/in/jdweinstein/

Dan Conner LinkedIn: https://www.linkedin.com/in/danconner1/

Craig Herron LinkedIn: https://www.linkedin.com/in/craig-herron-3a2801/

 

Oracle NetSuite

LinkedIn: https://social.ora.cl/6000wKFhC

X (Twitter): https://social.ora.cl/6007wK2zD

Instagram: https://social.ora.cl/6003wK2Hv

Facebook: https://social.ora.cl/6005wK2Dv

 

#NetSuite #VentureCapital #Fundraising

 

---------------------------------------------------------

 

Episode Transcript:

 

00;00;04;04 - 00;00;40;00
Hello everyone. Thank you so much for tuning in to the NetSuite Podcast. I'm Megan O'Brien, a co-host of the podcast. We have quite a unique episode in store for you all today. Recently, NetSuite has been hosting events in various different cities across the US called Business Growth Here. This tour is geared towards helping local entrepreneurs and business leaders discover strategies and tools essential for business expansion, as well as valuable insights on effectively managing all aspects of a growing business from cash flow to overall operations.
 
00;00;40;02 - 00;01;10;11
The events are tailored to the unique challenges and opportunities of each city and feature local leaders and visionaries. In the Saint Louis tour stop, one of the sessions that really stood out to me was a panel on the current venture capital landscape. It was moderated by JD Weinstein, global director of Oracle's venture capital practice, and featured Dan Conner, general partner at Ascend Venture Capital, and Craig Herron, managing principal at iSelect.
 
00;01;10;13 - 00;01;35;22
There's a lot of great insight in there around the market build back, what venture capitalists are looking for right now in companies, and how founders can increase their chances of getting funding. After hearing that, I knew I wanted to share the valua