Ventures In Tech | Discussing The Ever-changing Worlds Of Vc, Startups, & Tech

Episode Transcript: ADAM MCGOWAN: : Welcome to episode six of Ventures in Tech, brought to you by Firefield. This is Adam McGowan and on today’s show we’re going to discuss the variety of options available to startups in their early stages when it comes to getting funded. I’m again being joined by my colleague from Firefield, Henry Reohr, who’ll be guiding today’s chat. And with that, I’ll let Henry take it away. HENRY REOHR: [00:31]: Adam, for many entrepreneurs, the world of venture funding can seem daunting for a whole host of reasons. Even the terminology can be hard to follow. Before we dig into the actual options for raising capital, could you decode some of the jargon related to the different rounds of fundraising? ADAM MCGOWAN: [00:51]: Sure. You know, I think that over time this has become a little bit more complicated because it used to be pretty simple; a new startup with self-finance or they would get funded from friends and family and then as soon as things started to move and they got some tract