What to know before raising capital to grow
Take-Away with Sam Oches · Nation's Restaurant News
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Show Notes
In this episode of Take-Away with Sam Oches, Sam talks with Andrew Smith, cofounder and managing partner of Savory Fund, a Utah-based private equity firm that counts 10 emerging restaurant brands in its portfolio. Andrew joined the podcast to discuss the state of restaurant investing and the upcoming Investment Summit in Nashville, plus whether now is a good time to raise money and what founders must do as they prep their brands for a raise.
In this conversation, you’ll find out why:
- It’s better to be a speed boat in tumultuous waters than a cruise ship
- When raising money, you have to date around
- You shouldn’t try to time the market when you’re raising money
- Make sure your foundation is strong before you raise money
- Cut loose any anchors on your speedboat before you hit the throttle
Have feedback or ideas for Take-Away? Email Sam at [email protected].