It all comes down to your goals. You must make sure there isn’t a disconnect between your goals and the goals of your investors.
In this interview, Lauren Washington speaks to all the things that you have to consider when first searching for funding, and some of the biggest misconceptions.
We also dive deep into Lauren’s new business venture: Fundr and how they are working to end the bias that surrounds the investing space through artificial intelligence.
Chapters
0:00 - Raising Capital for Green Businesses
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2:13 - Big misconception for raising capital
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3:29 - What happens when the funding isn’t a good fit
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6:09 - Why are people funding your business?
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7:50 - The misalignment
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831:05 - One thing everyone should know about funding
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10:26 - Fundr Intro
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11:00 - Removing bias on the investor side
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12:28 - Lauren’s background
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14:02 - Pieces of the algorithm
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15:28 - Quantifying metrics
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16:07 - Base data for algorithm
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19:12 - Being at the forefront of AI
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21:21 - Lauren’s hope for this technology
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22:47 - What would be that next level for this technology?
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24:41 - Other things to consider when raising capital
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26:55 - Ecopreneur process for funding through Fundr
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27:29 - Investor process with Fundr
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28:15 - 2022/2023 goals
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28:54 - What Lauren is learning
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30:04 - The Mom Test: how to do market research
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30:56 - How to get in touch with Lauren: LinkedIn
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Check out Fundr’s website:
Lauren mentions a great book about talking to customers to validate your offer so that you don’t waste time and money:
The Mom Test: https://amzn.to/3UIL5L6
Check out this interview that I mention at the end of the episode:
YouTube: https://youtu.be/eS4ixr7wMp4
or
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