Go offline with the Player FM app!
277: What Every Black Founder Should Know Before Raising Their First Venture Capital Round w/ James Norman
Manage episode 517969973 series 1770619
You've probably heard the phrase "raise capital to scale your business" more times than you can count. But when it comes to venture capital, most Black founders quickly realize that the rules, access, and exposure are not the same. The reality is that getting VC funding is not about how hard you work, it is about how strategically you prepare and how well you understand the game you are walking into.
In this episode, we are breaking down what that really looks like with James Norman, Managing Partner at Black Operator Ventures and a 3x founder who has seen both sides of the table. James has built and led companies for nearly three decades and now invests in extraordinary Black founders who are building tech and tech-enabled businesses that change industries.
During this conversation, James gives a real-world breakdown of what venture capital actually is, how to know if it is right for you, and what to have in place before you ever pitch an investor. He also shares what it means to be a Black founder in rooms that were not built for us, how to maintain your power dynamic during fundraising, and why the most successful founders focus less on chasing checks and more on building excellence.
DURING THIS EPISODE YOU'LL LEARN:
The real meaning of venture capital and how it differs from loans, grants, and bootstrapping
How to determine if your business model and growth potential fit the VC path
What VC readiness truly looks like before you start pitching
Why your mindset and power dynamic matter just as much as your pitch deck
The realities of being a solo founder, how to build the right support team, and what investors actually look for
How to navigate life after funding, from scaling your team to keeping control of your vision
Don't miss out on the resources mentioned in this episode by checking out the show notes at blacktobusiness.com/277
Thank you so much for listening! Please support us by simply rating and reviewing our podcast!
Connect with us on Instagram:
https://www.instagram.com/blacktobusiness/
Don't miss an update! Sign up for our weekly newsletter:
278 episodes
Manage episode 517969973 series 1770619
You've probably heard the phrase "raise capital to scale your business" more times than you can count. But when it comes to venture capital, most Black founders quickly realize that the rules, access, and exposure are not the same. The reality is that getting VC funding is not about how hard you work, it is about how strategically you prepare and how well you understand the game you are walking into.
In this episode, we are breaking down what that really looks like with James Norman, Managing Partner at Black Operator Ventures and a 3x founder who has seen both sides of the table. James has built and led companies for nearly three decades and now invests in extraordinary Black founders who are building tech and tech-enabled businesses that change industries.
During this conversation, James gives a real-world breakdown of what venture capital actually is, how to know if it is right for you, and what to have in place before you ever pitch an investor. He also shares what it means to be a Black founder in rooms that were not built for us, how to maintain your power dynamic during fundraising, and why the most successful founders focus less on chasing checks and more on building excellence.
DURING THIS EPISODE YOU'LL LEARN:
The real meaning of venture capital and how it differs from loans, grants, and bootstrapping
How to determine if your business model and growth potential fit the VC path
What VC readiness truly looks like before you start pitching
Why your mindset and power dynamic matter just as much as your pitch deck
The realities of being a solo founder, how to build the right support team, and what investors actually look for
How to navigate life after funding, from scaling your team to keeping control of your vision
Don't miss out on the resources mentioned in this episode by checking out the show notes at blacktobusiness.com/277
Thank you so much for listening! Please support us by simply rating and reviewing our podcast!
Connect with us on Instagram:
https://www.instagram.com/blacktobusiness/
Don't miss an update! Sign up for our weekly newsletter:
278 episodes
All episodes
×Welcome to Player FM!
Player FM is scanning the web for high-quality podcasts for you to enjoy right now. It's the best podcast app and works on Android, iPhone, and the web. Signup to sync subscriptions across devices.