This event was all about how venture capitalists provide Seed Investments and Series A Investments to start-up companies. If you don´t know what a “Seed” investment or “series A” investment is then please refer to my “4×4 Innovation Strategy” book, pages 49 – 53 (click here). There, I explain this Fintech babble in the context of the natural innovation process.
Matthew`s company website is here: https://rapidalpha.com/
Matthew gave us valuable insights into his work.
Typical investments that his company is handling have a size of US$ 50,000 to US$ 250,000 for seed investments, and their sweet spot is US$5 – 10 mio for a Series A investments.
What I took out from this Clubhouse meeting was that Matthew gave me 3 valuable ideas for my own law firm:
1) we need to systematically build up and nurture 50 relationships with bigger entities that we work for
2) our unique way of hiring, onboarding and retaining excellent staff is a value of our business
3) location in a growing market is a value of the business, we need to find these niches
Matthew also discussed standard approaches of start-ups that address growing pockets of shrinking markets. That could be very relevant for my firm.
The LinkedIn event page with the participants is here https://www.linkedin.com/events/6811990284969353216/
And here is the recording of this event 210624_002