How to Raise Funds For Your Startup

07/11/2024 31 min Temporada 1 Episodio 20
How to Raise Funds For Your Startup

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Episode Synopsis

In this episode of The Optimism Show, Kris Gligoroski chats with Nikita Kolmogorov, aka Borodutch, a crypto veteran and founder of Lunchbreak.com. Nikita shares his journey in crypto, tips for fundraising during a bear market, and advice on staying relevant to VCs by aligning with trends. (00:08) Nikita’s journey in crypto and the story behind Lunchbreak.com (02:33) How the funding landscape has changed from past bull markets (04:28) Current trends for Web3 companies raising funds (07:27) How Web3 companies can attract VC attention during bear markets (09:27) The importance of building and staying resilient until the bull market (10:49) Mistakes to avoid when fundraising in Web3 (13:58) Why it’s crucial to raise capital with future rounds in mind (16:26) Communicating big visions effectively to VCs (21:15) Evolving and adapting the pitch for different VCs (25:17) Knowing when an idea is not fundable and when to pivot (28:20) The unpredictable nature of trends in the VC worldConnect with Nikita: Farcaster: https://warpcast.com/warpcastadmin.eth Website: https://www.lunchbreak.com Connect with Kris: Farcaster: https://warpcast.com/thekris LinkedIn: http://linkedin.com/in/thekrispartner Twitter: https://x.com/TheOptimismShow For sponsorships and collaboration: [email protected]