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20VC: inDinero's Jessica Mah on Why Angel Money Is Better Than Institutional Money and Boards Should Work For Founders

20VC: inDinero's Jessica Mah on Why Angel Money Is Better Than Institutional Money and Boards Should Work For Founders

FromThe Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch


20VC: inDinero's Jessica Mah on Why Angel Money Is Better Than Institutional Money and Boards Should Work For Founders

FromThe Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch

ratings:
Length:
24 minutes
Released:
Jun 3, 2016
Format:
Podcast episode

Description

Jessica Mah is Founder and CEO of inDinero, which she started back in 2010 to help entrepreneurs with all their accounting and tax needs after going through the same challenges with her own businesses. Jessica has grown inDinero from zero to multi-million dollar revenues with over 100 full-time employees and has been featured in the Forbes and Inc 30 Under 30 Lists.  The company has raised over $10M to date and is growing rapidly. Her goal is grow inDinero into being the leading accounting provider for businesses.  In Today’s Episode You Will Learn: 1.) How did Jessica come to found Indinero, an SMB accounting startup when she was at University? 2.) Why did Jessica decide to raise funding from angels over VC's? What were the benefits of this? 3.) Why does Jessica believe that institutional capital is never patient capital? What additional value add do angels bring that VCs and HNW's do not bring? 4.) How does Jessica like to involve her investors in the hiring process? How can founders do this and why should they? 5.) Why does Jessica believe it is better to have a board that works for the founder and not the other way round? Does this not lead to conflict? Items Mentioned In Today’s Episode:  Jessica’s Fave Book: A Guide To The Good Life As always you can follow The Twenty Minute VC, Harry and Jessica on Twitter here! If you would like to see a more colourful side to Harry with many a mojito session, you can follow him on Instagram here!   The Twenty Minute VC is brought to you by Leesa, the Warby Parker or TOMS shoes of the mattress industry. Lees have done away with the terrible mattress showroom buying experience by creating a luxury premium foam mattress that is order completely online and ships for free to your doorstep. The 10 inch mattress comes in all sizes and is engineered with 3 unique foam layers for a universal, adaptive feel, including 2 inches of memory foam and 2 inches of a really cool latex foam called Avena, design to keep you cool. All Leesa mattresses are 100% US or UK made and for every 10 mattresses they sell, they donate one to a shelter. Go to Leesa.com/VC and enter the promo code VC75 to get $75 off!
Released:
Jun 3, 2016
Format:
Podcast episode

Titles in the series (100)

The Twenty Minute VC takes you inside the world of Venture Capital, Startup Funding and The Pitch. Join our host, Harry Stebbings and discover how you can attain funding for your business by listening to what the most prominent investors are directly looking for in startups, providing easily actionable tips and tricks that can be put in place to increase your chances of getting funded. Although, you may not want to raise funding for a startup. The Twenty Minute VC also provides an instructional guide as to what it takes to get employed in the Venture Capital industry, with VCs giving specific advice on how to get noticed from the crowd and increasing your chances of employment. If that wasn't enough our amazing Venture Capitalists also provide their analysis of the current technology market, providing advice and suggestions on the latest investing trends and predictions. Join us so you can see how you can get BIG, powerful improvements, fast. Would you like to see more of The Twenty Minute VC, head on over to www.thetwentyminutevc.com for more information on the podcast, show notes, resources and a more detailed analysis of the technology and Venture Capital industry.