Losing money is always going to be a part of the venture capital game. However, it’s how the money is lost that matters.
Douglas Ellenoff has thirty years of experience as a securities lawyer working with entrepreneurs and major issuers. He has a wealth of knowledge to share which will benefit anyone in the entrepreneurial world. His goal is to help entrepreneurs raise capital in a way that is responsible and protects investors; and everyone should be on-board with this mission. Doug is a firm believer that having more public companies than private ones signals a healthy system and that crowdfunding is a perfectly acceptable mechanism that can be used to get there.
During this conversation, we discuss SPACs in detail, how Canada’s venture capital system compares to the one in the US, and why over-communication is better than its opposite when it comes to dealing with investors. It takes a lot to be an entrepreneur, and it is a huge responsibility to take people’s money. Unfortunately, the majority of start-up’s don’t make it “to the end of the rainbow”, but Doug is certainly doing his best to help as many as possible along their journey.
Make sure to tune in to today’s episode with Doug!