Shaherose Charania’s Post

Tune in to the latest episode of First Funders with Charles Hudson and Shaherose Charania!  From humble beginnings to leading Precursor Ventures with over 400 investments, Charles shares invaluable insights from his journey. 🎙️📈

🚀 Unleashing Fintech Growth with Diverse Boards. Elliott Limb of Cubed, in an open conversation on the Finterview podcast with Alistair Cotton, sheds light on the pivotal role of board diversity in a company's journey. 💼💡 🤝 Elliott highlights a familiar path in board formation. As a company evolves, initial support often comes from friends, family, and advisors. Angel investors may join, and by the time Series A funding is reached, most initial backers have exited. What remains is a board largely composed of individuals with finance backgrounds, often stemming from investment banking or the VC sector. This lack of diversity can pose challenges. 🤔 Elliott emphasises the multifaceted role of board members, stressing that they should help the company "think, build, or operate." If they merely provide capital without actively contributing to strategic thinking, operational efficiency, or growth, a crucial part of the equation is missing. Continuous funding rounds and growth cycles feature numerous breakpoints, and founders, regardless of their experience, face enormous responsibilities daily. 🔄 Recognising a recurring pattern, Elliott points out that founders often prioritise the biggest valuation or the most significant funding round, mirroring the VC focus on funding investors. However, he highlights the need for a more comprehensive approach to board formation—one that fosters diversity in expertise and perspectives, aligning with the company's evolving needs. 📈 In essence, Elliott underscores that boards should be composed of individuals who can help founders navigate challenges, strategise effectively, and build resilient operations. Diversity in backgrounds and skill sets is key to ensuring a well-rounded board that can provide holistic support at every stage of a company's growth journey. 💪🌟 Discover the power of diverse boards and the impact they can have on a company's success. Listen to the full Finterview podcast (link in comments) for deeper insights into the dynamics of board formation, why 75% of VC backed fintechs fail and why banks are perfectly positioned to be disrupted. 🎧 #BoardDiversity #FintechGrowthStrategy #Fintech #IntegratedFinance

Explore where we are on decentralisation, big banks vs fintech and venture investments with Elliott Limb in a cut of his recent interview with Integrated Finance. Full interview will be released 11th October on ‘The Finterview Podcast, Fintech Exposed.’ . #FintechInnovation #CubedInsider #ComingSoon 

Today is a very exciting day! I have decided that every Sunday for the rest of 2023, I will be sharing insight into my journey bootstrapping Digital Polygon on LinkedIn. I started Digital Polygon almost 5 years ago now and my journey has been a rollercoaster of emotions, experiences, and learnings. I'm excited (and a bit anxious!) to share my journey with you in the hope that my successes, failures and learnings can help others on their journeys. In these posts, I'll talk about the challenges and learnings of #bootstrapping my services business. I hope this series of posts will help you on your entrepreneurial journey. If you're thinking about starting a business, or if you're already building one, I would love to hear about your thoughts, feedback, and experiences! Leave a comment below and let me know if there are any particular aspects you are interested in learning/hearing about! #entrepreneurlife #businessowner #lessonslearned #failforward

Big Shoutout to Finshots and The Ken 🌟 Hey everyone! As someone who loves diving deep into the world of investments, startups, and all things business, I've got to say, staying updated is a game changer. That's where Finshots and The Ken come into play for me. They're like my daily dose of business smarts! Why I Love Finshots and The The Ken? Finshots is all about quick, sharp updates on finance stuff. Perfect for reading on a busy day. And The Ken? They tell you the business stories that make you think, especially about the Asian market. Together, they've got me covered, giving me the full picture of what's happening in the business world. What I've Learned: Following these newsletters for the last five years. I've seen how tech like blockchain is shaking up finance, and how new digital banks are popping up everywhere. These insights have really helped me out at work, especially when thinking about new products or strategies. It's like having a secret weapon that helps you see the bigger picture. You Should Check Them Out! Seriously, if you're into business or just curious about the latest trends, give Finshots and The Ken a try. They've been a huge help to me, and I bet you'll find them super useful too. Big Thanks: Hats off to the teams at Finshots and The Ken for keeping us all in the loop with awesome content. Can't wait to see what you've got for us next! #business #investment #investing #startups #newsletters

Michael Carpentier shares Vesta Equity's revolutionary Web 3.0 solution for the home equity ecosystem in the new reality of RWAs digitized and on chain. Liberating equity for property owners & creating dynamic tokenized HEIs investments for investors. Listen now! https://lnkd.in/gjbgFmVW #realestateinvesting #homeequity #RWA #Web3 #financialadvisors #tokenizedrealestate #entrepreneurship

A great conversation with Alistair Cotton. We covered a lot and went deep on the value of the right board members, the value that founders should be looking for and the common mistakes that should be avoided. #fintech #bankingtechnology #scaleup #startup #boarddiversity #fintechgrowthstrategy #cubed

💰Investors Under 30 are increasing ↗️ Gary Vaynerchuk talked about this some time ago in an impressive way💡 In today's world, we are seeing an increase of young investors that are under 30. 💸 This shift creates a bridge between big players and newcomers. Most of them focus on stuff that makes sense to THEM, and that THEY understand. For me, I'd rather invest in a well-known gaming company rather than a new AI startup which I have never heard of before. In the end, the overall number of investors are increasing in the market, and this is never a bad thing (as far as I know!) What's your opinion on this? (Disclaimer: This video was taken from the YouTube Channel of GaryVee) #InvestmentShift #YoungInvestors #Collaboration #GaryVee #Investor #Invest #Finance #Money

https://lnkd.in/eE4GrdN5 Leif Hartwig episode on Making Billions with Ryan Miller Ryan Miller, MFin. was amazing! I love what he's done with WealthVP and our fund Funding Impact actually applied to join the network. Hopefully, it's positive 🙂 So, here's my takeaways from the show: 1. Hire people that are executives and have experience, where they made mistakes in other companies already when you raise money from investors. Don't be a cheap ass on this end, because it will delay your speed and progress to grow your company faster. 2. Have the courage to ask for higher amounts, imagine trying to raise $1M from 50 investors, 20k each? It would take forever and be nearly impossible becuase you'd have to contact 50x the amount of investors to get to that number and having a network like that is rare. This is why our min for our fund is around $2M, plus we have $14M of our own capital (skin in the game) already invested. 3. Often times HN (High Networth) investors won't invest anything under $1M and will shy away from anything less because they think they'll loose their money. 4. Have lots of lines in the water and always be fishing strategically. Loved it! #billions #raisingcapital #capitalraise #business #investor #investment #executives

Love this episode, love David's special data driven approach as an VC Fund of Funds (breath of fresh air)! Special shout out to Prof Tim Jenkinson Here are the key takeaways on David Clark's insights on power laws and adverse selection in VC from the podcast episode: 1. Power laws dominate VC returns - the top 5% of companies generate 95% of the returns. This leads to the Pareto principle of 80/20 returns from 20% of investments.  2. This power law distribution is consistent across stages, sectors, geographies, and decades. It is a fundamental property of venture capital. 3. Top-tier VC firms consistently invest in winners that drive returns. Average VCs struggle with adverse selection - accessing and picking the winners.  4. Adverse selection stems from information asymmetry. The best deals go to the top firms who have proprietary access and better selection skills.  5. Mediocre firms are left with adverse selection - risky companies passed over by the top firms. This makes consistent outperformance difficult.  6. Clark advocates for LPs investing in proven top-tier firms to get exposure to the winners. Emerging managers face adverse selection challenges.  7. He argues LPs should focus on the power law and not over-diversify in average managers. Backing winners is key to outperformance. https://lnkd.in/gHeti6_K