E239 - Follow the Money - David Owen Cord, Raising $25 Million at a 40+ Year Old Company
“It feels like there’s a really important opportunity in this industry to do something unique, to do something differentiated. By raising outside capital, we can get there faster.”
Avanti’s founders were looking for a partner who would be supportive and collaborative, rather than one who act like they have all the answers. They felt that some VCs take too much pride in ownership and control, and Avanti’s team wanted to be able to steer the business themselves. Learn how they found the perfect VC partner who helped them to achieve their goals faster than if they had bootstrapped them.