VC Minute Weekly Recap: Karyn Miller, Managing CFO @ AVL Growth Partners
Service providers that have seen dozens of fundraises bring that same depth of experience as VCs have, except they're on your side of the table.
This week’s guest was Karyn Miller, Managing CFO at AVL Growth Partners. I enjoyed having Karyn on the show because she’s been through many fundraises as both a full-time and fractional CFO. Plus, her energy and love of startups is infectious!
My three takeaways from this week:
1️⃣ When asked what valuation you’re looking for, always give a range.
2️⃣ One startup board formed a team to support the CEO on a fundraise. I like this!
3️⃣ After you successfully raise, CELEBRATE!
Thank you to AVL Growth Partners for supporting VC Minute!
AVL Growth Partners is the premier fractional finance and accounting services firm supporting organizations from growth to scale. Founded in 2009, AVL's seasoned CFOs backed by a team of expert controllers and accountants, offer comprehensive support crucial for success. Ensure mindful and scalable success with a team of financial experts at your side. Visit AVLgrowth.com today and elevate your financial game for sustained growth. (Sponsored)
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Episode Summaries
217. CFOs Help You Understand Your Business
It's invaluable having a CFO that can provide meaning and actionable business insights.
218. Early Financial Pitfalls
Avoiding some common financial pitfalls can help with both cash flow and fundraising.
219. Create a Board Team to Drive a Fundraise
One of Karyn's clients put together a team from the Board to support the fundraise. It drove the process and drove results.
220. Negotiating Valuation
What to say when asked about your valuation expectations. And don't forget to negotiate valuation!
221. Post-Fundraising, Hire Smart and Celebrate!
After you raise, recognize that you can't possibly hire everyone all at once. Take your time to hire right. And most importantly, celebrate!
Do you know someone that needs to hear this week’s advice? Share it with them!