Shopify Masters artwork

It’s Actually A Great Time to Start a Business (No, Really)

Shopify Masters · with Jon Sakoda · June 1, 2023 · 35 min

Summary

Jon Sakoda, a venture capitalist at Decibel Partners, argues that despite macroeconomic concerns, now is a prime time for entrepreneurs to launch new businesses. The episode demystifies venture capital, showing founders how to secure funding and build resilient companies by focusing on core fundamentals rather than economic forecasts.

Key takeaways

Themes

finance & fundraisingfounder & leadershipdtc strategy

Topics covered

venture capital market healthfundraising strategies for startupslean startup methodologyfounder mindset in uncertaintybuilding resilient businessesunit economics

Episode description

Jon Sakoda, a founder at Decibel Partners who built a career in venture capital, shares his insights into the health of the venture capital industry and why founders shouldn’t worry about macroeconomics if they want to raise money or start a company this year.

Related episodes

Frequently asked about this episode

What does this episode say about finance & fundraising?
Founders should de-emphasize macroeconomic concerns; the current climate presents unique opportunities for agile and innovative businesses.
What does this episode say about founder & leadership?
The venture capital market remains robust, and funding is available for compelling ideas, disproving common misconceptions about fundraising in uncertain times.
What does this episode say about dtc strategy?
Prioritize starting lean and focusing on core business fundamentals to build a resilient company that can weather economic fluctuations.
What does this episode say about finance & fundraising?
Develop a "founder mentality" centered on adaptability and problem-solving, rather than being deterred by perceived economic instability.
What does this episode say about finance & fundraising?
Understand unit economics and competitive advantage to differentiate your business and attract investment, even in a competitive landscape.

Listen