Published: Sept. 23, 2020, 3:56 a.m.
<p>Today on the Pass the Secret Sauce podcast we have Carter Williams, CEO of iSelect Fund. Carter has a unique perspective on the fundraising efforts today. According to their research there are about $60T funds that are sitting in people’s bank accounts right now that are not producing any income. Carter wants to be able to help connect the high networth individuals, in a unique way, with startups that are looking for the funding to help push humanity forward.</p>
<p>We have a good conversation about their efforts in connecting the high networth individuals with startups and how venture capital investments help push innovations and progress. Listen to our conversation.</p>
<h1>In this episode we discuss:</h1>
<ul><li>Learning problem solving in business from his father from age 4 and how this helped him later on [2:55]</li>
<li>Entrepreneurial endeavors in his early years and interests in engineering and tech early on [5:30]</li>
<li>Career path that led him to the fundraising space [7:16]</li>
<li>Companies that they focus on for venture capital investment [9:38]</li>
<li>How venture capitalists make investment choices [11:00]</li>
<li>What every startup needs [14:23]</li>
<li>At what stage of the startup do they start to consider investing [16:11]</li>
<li>The gap between high networth individuals and investing in startups, and how iSelect Fund is bridging that gap [17:44]</li>
<li>How to invest in a venture capital fund [21:40]</li>
<li>How to succeed in venture capital investments [22:47]</li>
<li>Collaborations between investors and entrepreneurs [25:47]</li>
<li>Best ways to contact Carter Williams [27:02]</li>
</ul><h1>Quotable Quotes</h1>
<p>When you look at the analysis of who wins in the venture business there’s a lot of data that says (they are people who): do a lot of diligence,look at a lot of the deals, invest in a few and diversify, invest in 25 or more.</p>
<p>The people that make the economy better, are frankly, entrepreneurs and innovators who look at a problem and say “I got a better way to do it”. </p>
<h1>Links to sources and tools</h1>
<p>Visit <a href="http://www.iselectfund.com" rel="nofollow noreferrer noopener" target="_blank">http://www.iselectfund.com</a> to learn more about venture capital investments</p>
<p>Follow Carter on LinkedIn: <a href="https://www.linkedin.com/in/carter/" rel="nofollow noreferrer noopener" target="_blank">https://www.linkedin.com/in/carter/</a></p>
<p>Interested to hear from other investors? Listen to these episodes:</p>
<ul><li>How to Create Your Startup Pitch Deck with Cy Megnin: <a href="https://bit.ly/31Vrk9O" rel="nofollow noreferrer noopener" target="_blank">https://bit.ly/31Vrk9O</a></li>
<li>Investing in Startups with Travis Hawkes: <a href="https://bit.ly/2ERwhHG" rel="nofollow noreferrer noopener" target="_blank">https://bit.ly/2ERwhHG</a></li>
</ul><p>Thanks for listening. Don’t forget to like us on Facebook: <a href="https://www.facebook.com/passthesecretsauce" rel="nofollow noreferrer noopener" target="_blank">https://www.facebook.com/passthesecretsauce</a> to get updates on new episodes. If you haven’t already, please follow and leave a review for our podcast, we’ll really appreciate it. And as always, don’t forget to pass the secret sauce.</p>
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