Issue 021Podcast: Andy Budd on Venture Capital and the startup ecosystem for designers.
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In the latest episode of the Designers in Business Podcast we explore the world of Venture Capital, startup funding and why designers should consider founding their own businesses with Andy Budd.Andy is a design leader, start-up advisor, coach and VC, who believes great design creates competitive advantage.In this interview Andy helps demystify key concepts related to the startup ecosystem, answering questions such as:- What is Institutional Investment and Venture Capital?
- How do startup investment rounds like 'Series A' and 'Seed' work?
- What's the best strategy for approaching investors with a business idea?
We also dive into why more designers should consider founding their own businesses or look to join startups early as founding designers.
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The discussion also covers how equity works, and the potential upsides of having skin-in-the-game at a startup.
If you enjoy this episode, I highly recommend watching Andy's recent talk "Design's Midlife Crisis" which is all about the intersection between design and business.
You can find out more about Andy in the episode show notes, on his website, by following him on Twitter, or connecting with him on LinkedIn.
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