Happy 2021!
On today’s podcast, we have John Dillard, founder and CEO of Threatswitch, joining us. In addition to John, we brought Paul Clark from VentureSouth as they have been an investor in Threatswitch for the last couple of years.
As you’ll hear John discuss, they just closed a $1.7 million capital raise in late 2020 and VentureSouth – in the middle of the global pandemic.
“Threatswitch is transforming the way security and compliance teams work on security. They make it easier to comply with strict regulations by radically simplifying and automating high volume, data intensive and administrative tasks.”
We kick of this podcast talking with John about the ‘art of raising capital.’ There isn’t a right way to raise capital – one could certainly argue there are some wrong ways – and John talks about how he views it. It’s this early in the podcast you get a sense of who John is and how he has been able to grow Threatswitch.
Throughout the podcast, we ‘check in’ with Paul to get his thoughts on the process from the investors perspective. It starts out with Paul talking through the difference of investing in an existing portfolio company versus investing in a new company where they haven’t done due diligence before.
We also get Paul’s view on what makes John special as he has successfully transitioned from a consultant over to the CEO of a startup/software company. Lot’s of people try to make that transition – myself included with my startup years ago – but aren’t able to create a successful enterprise.
This is a very good open discussion between a strong founder and a very well respected angel group. It highlights the benefits of a good working relationship. Any founder would be well served to listen to not only what is said, but how it’s said – and just as importantly what doesn’t get said. Hope you enjoy this one!
William Bissett is the owner of and an Investment Advisor Representative of Portus Wealth Advisors, a Registered Investment Adviser. Registration does not imply a certain level of skill or training. Opinions expressed on this program do not necessarily reflect those of Portus Wealth Advisors. The topics discussed and opinions given are not intended to address the specific needs of any listener.
Portus Wealth Advisors does not offer legal or tax advice, listeners are encouraged to discuss their financial needs with the appropriate professional regarding your individual circumstance.
Investments described herein may be speculative and may involve a substantial risk of loss. Interests may be offered only to persons who qualify as accredited investors under applicable state and federal regulation or an eligible employee of the management company. There generally is no public market for the Interests. Prospective investors should particularly note that many factors affect performance, including changes in market conditions and interest rates, and other economic, political or financial developments. Past performance is not, and should not be construed as, indicative of future results.
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