BMO - EXCLUSIVE: Insiders On Capital Raising And Scaling: '2021 Was A Year Of Champagned Valuations While In 2023 We Are Dealing With The Hangover' | Benzinga
Benzinga Fintech Deal Day & Awards featured the discussion "Insiders on Capital Raising and Scaling: Strategies, Tips, and Examples” with panelists including Social Leverage General Partner Matt Ober, FT Partners Managing Director Amar Mehta and BMO Managing Director Corey B. Davis. Quasar Markets CEO Steven Orr moderated the discussion.
Capital Raising: Inflation and interest rates made current times challenging to raise capital. In knowing what startups should do to raise capital, Ober believed it was important for company founders to realize the 10-year journey of their company and its valuations, and not look at only the current scenario.
It was also crucial to know how the company would acquire users and how to remain cash-positive.
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Mehta saw the path to profitability, proven economics and how a company could make investors comfortable as important factors for raising capital. Also, if the additional capital raise was reasonable enough for three to five years without needing more capital in ...