Grow My Revenue Business Cast

044 Mark Modica | Common Misconceptions About Raising Capital

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Synopsis

If someone had spent thousands of hours in the start-up world, particularly in the world of raising capital, would you be interested in what they had discovered? Our guest for today, Mark Modica, is just such a person. Mark is here to talk about the fundraising patterns he has recognized, what the biggest mistakes entrepreneurs are making when seeking funding, and how to know which type of investor to seek out at which stage of your business. With Mark's catalogue of knowledge on investing and capital raising this is one episode of Grow My Revenue you won't want to miss! Listen to this episode and discover: Is all revenue created equally? How he got an evaluation of $80 million on less than $1 million in revenue. Do you have to have more customers to get a higher evaluation? Why raising too little capital is a common mistake. When should you sell a company? And so much more! Episode Overview The first misconception Mark lays to rest is the idea that all revenue is created equal, something I have said and