If you have been bootstrapping and think you are ready for investors, you need to learn how investors think. First, please study our free Bootstrapping course and Investor Introductions page. Then start looking for entrepreneur – investor fit. Today I introduce you to Bryce Roberts. Bryce Roberts, Co-founder and Managing Director, O’Reilly AlphaTech Ventures (OATV), and Founder, Indie.vc, discusses
Bryce Roberts, Managing Director, O’Reilly AlphaTech Ventures (OATV), and Founder, Indie.vc, discusses the issues with the venture capital financing model, and explored alternatives.
Sramana Mitra: How are the entrepreneurs receiving this alternate thinking? Bryce Roberts: There’re two trains of thought. In the predominant Silicon Valley culture, the response tends to be, “Why would we do that?” They’re very indoctrinated into the idea of selling equity and getting on that successive round of funding to ratchet up the valuation.
Sramana Mitra: What denomination do you invest in and what stage? What do you require to see to want to invest? Bryce Roberts: For the first batch of companies we did, we had a pretty broad mandate. We were trying to figure out for whom this type of network and this type of resources made
Sramana Mitra: It’s a very particular and very narrow niche. The problem is that every entrepreneur somehow has been told that VC financing is entrepreneurship success. That’s a myth that’s dominating the entrepreneurship business. For 10 years, we’ve been trying to debunk that myth. We have celebrated bootstrapped entrepreneurs and reasonable growth consistently for many
Responding to a popular request, we are now sharing transcripts of our investor podcast interviews in this new series. The following interview with Bryce Roberts was recorded in August 2016. Bryce Roberts, Managing Director, O’Reilly AlphaTech Ventures (OATV), and Founder, Indie.vc, discusses the issues with the venture capital financing model, and explored alternatives. Sramana Mitra: You have