Chase Merlin gets pulled over by the jargon police to chat decentralized finance (DeFi), stablecoins, digital wallets, cryptocurrency, blockchains, tokenomics, DAOs, and a variety of other web3 technologies.
After raising $11.1M in 2023, Brale has continued to shake things up by providing stability within the wild west of cryptocurrency. Stay wild, but hedge volatility by minting this episode into your mind.
Kaylee Williams is a sales savant and an empathetic venture capitalist dedicated to accelerating fellow founders. As the Investment Director at InnoVenture Iowa, she manages a $30M public fund focused on investing in early stage companies throughout Iowa, with applications for this year’s $100K InnoVenture Challenge now open!
Together, we chat about hiking in the Appalachians, raising capital, and filling the sales funnel to keep entrepreneurs building in the wild. As Kaylee reminds us with her closing canyoneering story, we are all capable of so much more, so push yourself into positions where the only way out, is through.
Debi Durham is the Director and Anna Lensing is the Innovation Team Project Manager for the Iowa Economic Development Authority and Iowa Finance Authority. This government organization provides remarkable programs brewed to support business and innovation throughout Iowa. Tune in to hear us talk about the state of innovation in Iowa, ecosystem mapping, EntreFEST, non-dilutive financial capital for business owners, creative business succession planning, the legacy of John Pappajohn, tech-focused policy work, and what’s next for students, entrepreneurs, intrapreneurs, and community builders statewide!
Breakout valuations are achieved when a business is valued based on how it makes people feel and its future potential, not just what it’s done in the past.
The nine components of a breakout valuation are confidence, vision, curiosity, people, communications, cash management, financial forecasting, capital strategy, and business design. Whether or not you sell your company, business owners who optimize in these areas, position themselves to capture a breakout valuation.
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This caffeinated contribution is a special adaptation from Breakout Valuation, which is the #1 New Release in Venture Capital and was written by my good friend, Patrick E. Donohue. Patrick is an entrepreneur, mentor, advisor, investor, valuation expert, and community builder who offers unique insights into the dynamics of money and business.
While you’re running a company, breakout valuations make everything easier. It attracts talented employees and quality customers. This expands your market position, makes financial capital less expensive, and invites vendors to extend better terms based on your surging trajectory.
Knowing what your ownership of the business is worth helps you make important financial decisions and becomes increasingly important as a business matures. If a business grows to the point where it becomes valuable to acquire, academic and finance professionals attempt to make valuation objective, but the complexity of each transaction makes valuation subjective in the end. Along with all the objective data, valuation is highly influenced by the environment, relationship, and personal views of the participants in a transaction. Knowing how investors and lenders use objective valuation tactics is crucial, but understanding the potential value of the business, articulating it to potential partners, and having them buy into the vision will arm you with an advantage to get what you want—a breakout valuation.
Breakout valuations are not aspirational. They emerge from what you are doing right now. It’s all about being clear with your mission and vision. It’s knowing your numbers and how everything comes together through a shared mindset, communication, and workflow. The pursuit toward a breakout valuation compounds, requiring attention today, and every day moving forward. This aggregates understanding and builds confidence. When the day comes to part with some or all of your business, the confidence from a breakout valuation will maximize the payout or deliver assurance in walking away from the deal.
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What are we doing today to support our goals for tomorrow?