Form Your Own Pack Episode 14

Featuring Dave Lambert of Rightside Capital Management

We recently had the pleasure of speaking to Dave Lambert, the Co-Founder and Managing Director of Rightside Capital Management. After graduating college in 1992, Dave founded two different tech startups on which he worked for 17 years. Rightside Capital was founded in 2009 after Dave and his partner, Kevin Dick, set up a quantitative approach to early pre-VC stage investing. Having been an entrepreneur himself, Dave understood the inefficiencies of pre-seed investment processes from the perspective of both founders and investors.

To combat these inefficiencies, Rightside Capital gathers datapoints on companies to expedite the investment decision process The website provides a transparent and user-friendly platform for startup founders to submit their application after considering whether their companies fall under a given list of what Rightside looks for and tends to fund. 75% to 80% of such companies are in the SaaS industry under the B2B business model, while the remaining 25% is a “mix of everything else.” In addition to the industry of the startup , the application considers its average price point, burn rate, and how much cash it has raised. As the cost for building a software company has plummeted, tech startups tend to already have revenue by this stage. Furthermore, B2B enterprises tend to be more efficient in generating revenue due to the lack of need for a marketing budget, as required under other models including B2C.

Tune in for:

✅ Further criteria of successful investing applications

✅ Advice for Founders designing new products

Join us for a http://www.founderspack.io pitch event and sign up for the free Startup & Grow course FOLLOW US ON STONKS: https://stonks.com/founders-pack