Sam Simpson from Founders Catalyst

SummaryIn this episode, Sam Simpson from Founders Catalyst discusses the benefits of SEIS and EIS tax relief schemes for investors and founders. He explains the changes to financial promotion rules and the challenges founders face in raising funds. Sam also shares advice on preparing for a funding round and finding investors. He highlights the fragmented nature of the UK ecosystem and the differences in funding rounds compared to the US. The episode concludes with a discussion on company evaluation methods for pre-seed and pre-revenue startups. The conversation covers various aspects of startup valuation and factors that affect it. It emphasizes the importance of defensibility and realistic valuations. The host and guest discuss the impact of unrealistic valuations and the need for sanity checks. They also explore the founder's p ...