Novel Capital provides software entrepreneurs with non-dilutive capital and resources to accelerate growth. Non-dilutive is the key term as many entrepreneurs focus on traditional loans from banks or venture capital, which can come with various terms.
Founders, especially first-time founders can get caught in the echo chamber of Silicon Valley. We need to raise capital from this big-time fund or that big-time fund. The reality is founders need to raise money that best suits their business and their situation.
Carlos and I discussed his journey to Novel Capital, the challenges founders face trying to raise capital, resources beyond capital to help a company’s growth trajectory, the potential impact a recession might have on capital sources, and much more.
Without further ado, I present Carlos Antequera, Founder & CEO of Novel Capital. I hope you enjoy the episode and be prepared to learn about:
Carlos’s journey to Novel Capital
Why the bank fired Carlos as a customer
Lessons he learned from his time as an Angel Investor
Why do founders focus so much on traditional debt and equity capital
The importance of advice and services alongside capital
The potential impact of the looming recession
How challenging it is to change the capital mindset of entrepreneurs
Todd is the host of PitchIt: the fintech startups podcast, a weekly interview show featuring emerging fintech founders and leading venture capitalists. He is responsible for leading the content team which covers fintech through daily & weekly email newsletters, editorial, virtual events, and in-person conferences. He has been covering fintech, banking, and venture capital for more than 15 years, including speaking regularly at industry events.