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Tim Wolters of RoundPegg Shares Lessons on Navigating the VC World [Video]

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Tim Wolters, cofounder and CEO of RoundPegg, has experienced both the highs and lows that come with seeking the capital necessary to launch a company. That’s because he’s been involved in three startups, and raised over $30 million so far in his entrepreneurial career.

When Tim took the stage at Tech Cocktail Week in December, he walked the audience through a set of lessons learned based on the stumbling blocks he’s faced while raising money.

These lessons include conducting careful research prior to meeting with VCs, always being open to meeting VCs because you never know where that meeting might lead, and asking for advice first – and then for money when the time is right.

In the video below, Tim expands upon these points of advice, among others, to help entrepreneurs avoid the mistakes people often make when navigating the VC world.

 

Tech Cocktail Week is a monthly series of events that takes place downtown Las Vegas and is produced in partnership with Tony Hsieh’s Downtown Project.

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About the Author

Meg Rayford is a communications consultant based in Northern Virginia. She previously spent two years as the Director of Public Relations for a nonprofit startup, where she learned a lot about providing clean water for impoverished countries, even within the confines of a bootstrapped startup. She is the editor of Tech Cocktail, and she develops media strategies for companies in Washington, DC and Virginia. You can read her most recent work in the marketing chapter of the upcoming book, "Social Innovation and Impact in Nonprofit Leadership," which will be published in Spring 2014 by Springer Publishing. Follow her @megkrayford.

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