Last Thursday, the Girls in Tech Seattle team hosted four reputable and extremely knowledgeable panelists to talk about their experiences in raising funding and capital for their companies and startups.
The panelists were Madhu Jagannathan, the current Director of Finance at Qumulo, and formerly of Dropbox and Microsoft; Teresa Kotwis, the former CFO of Gravity Payments with years of CFO-level experience; Grant Canary, CEO of Droneseed, a TechStars Seattle 2016 company and second-time founder; Brett Patrontasch, CEO of Shyft and second-time founder, with backing from Madrona Venture Group.
Cecille Nguyen of Girls in Tech Seattle kicked off the panel by asking panelists about some of their most memorable funding-related moments, and sharing some of the experiences they’ve learned from. Brett mentioned that no matter the investor, you should always carefully read the terms of agreement because, “People’s true colors come out in the terms.” And since this was a 101-level discussion, the panelists recommended that if you’re just starting out, you should look to raise money from friends and family, apply to different accelerator programs, and most importantly, focus on your product.
A big thank you to all of our panelists for taking the time to share their learnings with the audience!