Show Notes
About Today's Podcast
Katie Dunn, an angel investor and advisor, shares her journey from commercial real estate to angel investing and her passion for supporting underrepresented founders. She discusses the challenges faced by female founders and the need for more diversity in the startup ecosystem. Katie emphasizes the importance of clear and concise pitching, focusing on the story, problem, solution, and market opportunity. She also highlights the significance of evaluating the founder and their passion, grit, and transparency. Katie shares her mission to make a difference in the world by supporting underrepresented founders and promoting equity and equality in the workplace. In this conversation, Katie Dunn shares insights and advice on angel investing and building a portfolio. She discusses the process of starting angel investments and the benefits of joining angel investment groups. Katie emphasizes the importance of networking and learning from experienced angel investors. She also explains why she prefers angel investing over becoming an LP in a VC fund. Katie highlights the need for founders to understand the language of finance and the key terms used in investment deals. She shares her experiences with both the best and worst pitches she has encountered. Lastly, Katie discusses the types of startups that should raise money and the reasons behind it.
Takeaways
*Supporting underrepresented founders is crucial for promoting equity and equality in the startup ecosystem.
*Clear and concise pitching is essential, focusing on the story, problem, solution, and market opportunity.
*Evaluating the founder's passion, grit, and transparency is key in making investment decisions.Getting started in angel investing often involves working in syndicates and building relationships with founders. Networking and building relationships with experienced angel investors is crucial for starting angel investments and building a portfolio.
*Founders should take the time to understand the language of finance and the key terms used in investment deals.
*Investors should provide meaningful feedback to founders when rejecting their pitches, as it can help them improve and pivot their businesses.
*Startups that have the potential to scale and have a proprietary product or technology should consider raising money to fuel their growth.
Chapters
00:00 Introduction and Early Life
02:06 Transition from Commercial Real Estate to Angel Investing
07:56 Investing in Underrepresented Founders
11:27 Challenges Faced by Female Founders
18:18 Underrepresentation of Female Founders
24:14 Mission and Support for Female Founders
26:26 Mastering the Art of Pitching
35:26 Evaluating Startups and Making Investments
39:38 Getting Started in Angel Investing
40:04 Starting Angel Investments and Building a Portfolio
48:24 Becoming an LP in a VC Fund
52:54 Importance of Understanding Finance Language
56:52 Smallest and First Check Written
57:58 Experience in the Movie Industry
59:50 VC and Investor Code Words Misunderstood by Founders
01:01:50 Why VCs and Angel Investors Ghost Founders
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