As a SME owner, there are multiple ways to raise capital – through VCs, banks or a halfway step like BOOST&Co.
In this podcast Lance Mysyrowicz, partner at BOOST&Co, is interviewed by Nathan Latka.
Nathan is the founder of the SaaS company Heyo, which has been pre-sold by $73,000 before it was even built.
Nowadays the young businessman runs one of the most successful podcasts in Business, talking to top entrepreneurs across the globe.
In the episode below Lance and Nathan discuss different paths to raise capital and how BOOST&Co sits in between venture capital and traditional bank loans. Lance shares details of early investment in tech businesses, what interest rates you could expect for your loan and discuss the recent investment of $1.75 million in Idio.
Raise Capital – Key Points
- There are multiple pathways to getting a loan as a startup — through VCs, banks, or a halfway step like Boost&Co
- Expect to pay a fee, interest, and to offer a warrant to buy shares
- As an investment fund manager, Lance tries to limit his exposure to risk as much as possible.
Famous 5 with Lance Mysyrowicz
Favorite Book? — Behind the Cloud by Marc Benioff
What CEO do you follow? – Elon Musk
What is your favorite online tool? – Evernote
Do you get 8 hours of sleep? – No.
If you could let your 20 year old self know one thing, what would it be? – I wish I knew what makes me happy today — spending time with people I love, and the things I love doing.
Are you looking for capital to scale?
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