What You Need to Know Before Raising Capital, and The Billion-Dollar Media Company You’ve Never Heard of
Episode 7: Today, hosts Alex Lieberman (@businessbarista), Sophia Amoruso (@sophiaamoruso), and Jesse Pujji (@jspujji) recount the wild story of how the digital media company Red Ventures bootstrapped its way to becoming a business with an $11 billion valuation. Then, the crew dives into fundraising—when to do it, how to set your goals, and their best advice for how to raise most successfully. And finally, the crew answers a Startup AMA question around how find the most attractive benefits packages at the best rates as a small company. #TheCrazyOnes #Startups #Entrepreneur Listen to The Crazy Ones here: https://link.chtbl.com/OV4W93_W Subscribe to Morning Brew! Sign up for free today: https://bit.ly/morningbrewyt Follow The Brew! Instagram - https://www.instagram.com/morningbrew/ Twitter - https://twitter.com/MorningBrew Tik Tok - https://www.tiktok.com/@morningbrew 00:33 - Intro 02:02 - The Rundown 03:15 - The story of Ric Elias and Red Ventures 08:09 - Ric’s life-changing experience 08:51 - How Red Ventures’ growth started to take off 12:10 - Red Ventures’ great work culture 13:29 - Jesse’s biggest takeaways from working with Red Ventures 15:38 - How Ric Elias spends his time 24:16 - Sophia’s experience of fundraising and her biggest lessons learned 30:51 - What kind of businesses should raise money vs shouldn’t? 36:29 - Sophia’s advice for founders looking to raise capital right now 37:05 - Jesse’s advice for founders looking to raise capital right now 37:37 - Alex’s advice for founders looking to raise capital right now 37:58 - Startup AMA - How do startups get attractive benefits packages at competitive rates before they get a large headcount? Links: Ric Elias TED Talk You’ve Never Heard of the Biggest Digital Media Company in America Learn more about your ad choices. Visit megaphone.fm/adchoices