S10E12 - Amber McDonald: How Do You Raise Capital With No Revenue?
I have a feeling this episode is gonna get A LOT of downloads. If you're a pre-revenue startup, I'm sure you've thought to yourself, "How do we raise money??" Or maybe you've been out there trying to fundraise and having no luck. Well, brew a pot of coffee or crack open a cold one, sit back and take notes for this one. Amber McDonald is the CEO and Cofounder of Indemnis, a company expanding the commercial use of drones and enabling services like drone delivery. She is a Founder in arguably the most unique situation I've ever encountered -- 1. Indemnis operates in a government-regulated industry, 2. She had her first child while still in college, 3. Indemnis is based out of ALASKA. Indemnis has raised nearly $4 MILLION in outside capital without generating a single dollar in revenue. She shares her story and strategies with me here. Amber wrote an in-depth blog post that expands on this topic. Get the article, episode updates, and strategies to build your startup's hype by joining the HypeNation at www.startuphypeman.com. See acast.com/privacy for privacy and opt-out information.
