Should startups get money from the Paycheck Protection Program? Investor Jillian Manus says that for some startups, the answer should be no. She even convinced one of her startup founders to send over $2 million back. But investor Elizabeth Yin says the problem with the PPP goes deeper than that.
This week, we've got a show like no other. Instead of startup founders asking for money to grow their business, we hear investors Jake Chapman and Howie Diamond pitch their new venture capital fund. And they learn right away that things on the other side of the table are a lot harder.
In VC, before you pitch investors, you’re expected to get some initial cash from friends and family. Getting this money is a critical first step for a new startup. But what if your friends and family aren’t wealthy? Two founders tell us what that experience is like, and how it’s shaped the way VC investors view their companies.
Why does so little venture capital money go to women, Black, and Latinx founders? In this Spotify exclusive, investors Charles Hudson and Elizabeth Yin explain how VC is set up in a way that excludes many founders and businesses, and what their funds are doing to expand access to capital.