May 29, 2023
As a founder, having a well-thought-out strategy is paramount when raising capital for your business to ensure that you target appropriate investors for your business's stage and funding requirements.
It is also crucial to balance enough funding and your business needs. Asking for much money without considering the value investors bring to your business can make them flee or undermine your vision.
Venture capitalists (VCs) don't just bring funds. They also bring valuable expertise and guidance to the table. Building a solid pitch deck highlighting your unique vision, market potential, and growth plans is vital. Not every investor is right for your company.
Learn how to employ effective strategies and position your business in the best possible light to attract the right investors, raise capital, and fuel your business's growth and development.
Join the conversation with Ran Aroussi as he shares his journey of building his company, the importance of passion, and strategies you can use to grow your business and raise capital from scratch. Ran Aroussi is the founder of Tradologics - a cloud platform that helps traders, investors, and firms worldwide scale their programmatic trading strategies in the cloud without worrying about broker connectivity, data management, infrastructure, or other boring stuff.
Tradologics is Ran's first adventure, and he moved from a one-person show to a vast boom business, building a team and raising 3 million U.S. dollars along the way. Ran enjoys using his decades of software development and data science experience to study the financial markets and find anomalies worth exporting for fun and profit. He also released several popular open-source financial libraries for Python developers and algorithmic traders.
Let’s jump in!
Key Highlights From The Show:
[00:01] Episode intro and a quick bio of the guest; Ran Aroussi
[01:47] Ran’s journey and how his love for computers started
[06:29] What inspired Ran to build something big and shift from solopreneurship
[10:25] Ran’s vision for Tradologics and what it will take to get there
[15:20] Ran strategy and plan to raise more money
[16:41] How Ran was able to find investors and convince them to invest
[20:11] Ran's recommendation to startup founders raising funds
[23:13] The value that Ran’s investors brought to his business
[25:40] Key lessons that Ran has learned from his entrepreneurial journey
[28:18] How Ran manages the risk of his business going bust
[29:57] Ran's one recommendation for founders and entrepreneurs
[32:55] How to reach out, connect or learn more about Ran
[33:16] Ending the show
Notable Quotes:
Sometimes you have to go big or go home.
Ensure you contact investors who are appropriate for your cheque size and stage and don't ask for too much.
VCs don't just bring money; they also bring value to the business.
As a founder, you must love it to enjoy it; do things you find interesting and can own.
Using money as the driving force to keep going will not sustain you in the long run.
If you keep looking at the alternatives, then you have less motivation.
Make sure you love what you are doing. Starting a company is not a promise of a better work-life balance but a promise to do what you love and create a product that will impact people's lives.
Connect With Ran Aroussi:
Website: https://tradologics.com/
LinkedIn: https://www.linkedin.com/in/aroussi/?originalSubdomain=uk
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