Empowering Founders with Piotr Pisarz from Uncapped
As the economic downturn looms over us, we dive into one of Sifted pieces on what the recession means for European VC and how the trouble they might be facing is "mainly driven by a significant reduction in runway". "If you're a founder,” Piotr says, “you should really prepare to have a runway at least for the next 12 months."
We dive into the next piece on the common 'half-truths’ spoken in the startup ecosystem, such as exaggerating annual revenue. Piotr points out that "your job as a founder is to market your company and to position it in the best light possible, to appear bigger than you are and to scare off the competitors."
"I realised saying no is much more important than saying yes," Piotr admits as he shares his biggest takeaways as a founder/entrepreneur. “It's interesting because you want to help others, but it's very difficult to find time in a scalable way and you have to take care of yourself."
Piotr’s work at Uncapped is funding the next generation of entrepreneurs, driven by the resolve that they shouldn’t have to give away ownership of their company to support growth. Uncapped provide no-security and no-equity investments from £100k - £10 million.
The episode continues to explore Uncapped, a company born out of Piotr’s frustration with the less-than-ideal funding options currently available to entrepreneurs. We also find out his dream tech product and Uncapped’s big prediction for the Tech-for-good space this year.
- To find out more Piotr’s work at Uncapped: http://bit.ly/3X9JTl6