Ep. 64 From Fundless to Funded: the Independent Sponsor Journey (51 Labs Webinar)
On this episode of Investors & Operators, 51 Labs assembles a panel of previous and current Independent Sponsors to talk about their experience, give advice to those making the fundless to funded transition, and forecast industry trends.
Paraphrased below are some of our top takeaways from this event:
Transparency is KEY when finding a capital partners. Any issues or red flags will come to the surface 100% of the time, so it’s imperative to lead with those. (Rob Bauer)
A good capital partner is one that sees eye to eye on three criteria: growth strategy, storytelling of the business, and personality fit. (Peter Roushdy)
There’s no such thing as “too early” to connect in a sale process. The earlier you connect, the more helpful you can be—whether you’re the right capital partner or know someone who is. (Jon Finger)
LINKS
iTunes - https://apple.co/3wdfYu0
Spotify - https://spoti.fi/3hCTdvN
Google - https://bit.ly/3wdg6tu
Amazon - https://amzn.to/33WgDE7
Stitcher - https://bit.ly/2SWRvuI
HOST
Jordan Selleck | CEO & Co-Founder, 51 Labs
PANELISTS
Rob Bauer | Managing Partner, Bassett Creek Capital
Jon Finger | Partner, McGuireWoods
Peter Roushdy | Managing Director, Gladstone Companies
Sheryl Mejía | Managing Partner, Steward Asset Management
Barry Uphoff | Founder & Managing Partner, Martis Capital
