Keith Harrington

Had a great conversation with Marshall Lebovits from @Funding911 about how he helps entrepreneurs find the right non-dilutive capital for their businesses. Tune in to hear how he does it! Link in comments.

Tune in to hear my conversation with Brendan Cosgrove of Catalyze. He shares his perspective on how to get institutional capital into the alternative capital space. Super informative conversation! Listen and subscribe! ⬇️

Thanks @JustinRenfro11 for a great conversation on this week’s podcast! Really enjoyed learning from you, and in particular I’m glad we covered this gem, which I learn over and over again!

This is what being a #capitalentrepreneur is all about - building something big and important, and making a real impact. @manoloatala from Fairplay has done just that, and he shares his journey on RBFN’s latest pod. Listen here : buzzsprout.com/2139445/144458…

I had a great conversation with @manoloatala of Fairplay on the latest @RBF_Network pod! Hear Manolo’s story and journey, what makes him tick, how he’s built a huge #fintech, and where he’s going here. You can listen and subscribe here ⬇️ buzzsprout.com/2139445/144458…

Tune in to my latest @RBFN podcast with @MizWithers from @revupcapital to hear how a true capital entrepreneur thinks about innovating capital tools for founders. If more investors thought like this we’d have more, better ways to invest in startups. buzzsprout.com/2139445/141320…

@nickmathews @theMainVest @RBF_Network buzzsprout.com/2139445/140404…

Had a fascinating conversation with @nickmathews, CEO of @theMainVest on the latest @RBF_Network podcast. Nick launched the Boston market for Uber, and has now funded 400+ SMBs thru Mainvest. Click the link in comments to learn how he built it!

@wdstringer @tylertringas Thanks for the notice @wdstringer. I learn so much talking to capital entrepreneurs like you and @tylertringas.

“Capital Entrepreneurs” Fantastic convo b/w @keithkcvc & @tylertringas on taking a different approach to funding entrepreneurs.

@C2FO @RBF_Network Definitely enjoyed this conversation, and I'm grateful for the candid and open conversation with Chris!

Thank you to @RBF_Network's @keithkcvc for inviting C2FO President of Capital Finance Chris Atkins on the latest podcast. Learn insights into the latest trends and how data-driven lending is changing the industry. ow.ly/KSmQ50Q7AlP

Click here to listen and to subscribe on your favorite platform: buzzsprout.com/2139445/139632…

Tune into my conversation with Chris Atkins from @C2FO to hear HOW and WHY they’ve accelerated $300B in invoices to help SMBs grow faster and solve their capital needs. Your WHY matters! We cover a lot more ground, so buckle up! Link to @RBFN podcast below!

Apple: podcasts.apple.com/us/podcast/15-… Everywhere else: buzzsprout.com/2139445/138796…

Tune into this very candid and honest conversation with @tylertringas about building and scaling a unique funding business. Thanks for sharing the hard-won knowledge and insight you've accrued building @calmfund with everyone! Link in comments 👇

@tylertringas @calmfund This makes sense to me! Would be a win-win for Calm and your portfolio companies...more capital to execute for those CEOs, and doubled-down conviction + returns for your LPs.

More on this soon, but reviewing 4 years of @calmfund data has me more & more convinced we should be making bigger bets on the calm companies i’m most excited about. I’m getting comfortable with the idea of $500k checks or $750k across 2 small rounds. I think this could really move the needle for certain companies and also mean they wouldn’t need to rely on capital from any other investors until they got to the ~$2-3m ARR range (where there are a lot more non-VC investors). What do you think?

Great insight here from @tylertringas

Recurring theme among #alternativecapital investors building something unique: Ignore sexy mkt trends & focus on founder-funder fit. @jonbragdon founded @CapacityCapital to do just that, and he shares lessons from his journey on @RBF_Network podcast. Tune in and learn! Link 👇

There is always something you can do in the moment today to better your position tomorrow. You might not be able to solve the problem right away, but your next action will make the situation better or worse.

@tylertringas @FounderSummit Sounds like some bs, and I’m sorry to hear it. I’ll check the Rolodex and network for potential help.

My company, Calm Fund, has a big problem and I need your help. We are being sued by SureSwift Capital over the @FounderSummit event series we put on over the past few years. The main issue we have is the impending massive cost of doing discovery in a modern remote company that uses a lot of software, but first here is some context: SureSwift is a PE fund that acquires software companies. We signed a lightweight joint venture agreement to collaborate on the Founder Summit which was an IRL event in Mexico City, an online community and another event in North Carolina. After the final IRL event we terminated the joint venture. The events were by all accounts a huge success, and all in the joint venture posted a small net loss. Then we announced our intention to host our own slate of events in 2023, but ultimately had to cancel those due to budget constraints and reducing our team size. Then SureSwift sued us claiming that we had misappropriated the "intellectual property" and "trade secrets" like the "business model" and "virtual network connections" of the new-terminated Founder Summit JV for the now-cancelled Calm Summits. The suit is a matter of public record and I won't speak about it much further except to say that we deny the allegations and it is my strong belief we would win in a trial. The issue is that we are about to enter the phase pre-trial procedures called Discovery (or eDiscovery) where each side is obligated to share with the other side provide all sorts of their own documents and communications that could be relevant to the case. The big problem is that with modern remote companies using many collaboration tools to create emails, slack messages, docs comments, notion databases, etc the volume of data and the cost of discovery (collecting, reviewing, filtering and processing all these files) seems to have exploded. I've been hearing estimates of hundreds of thousands or more than $1m in costs just to comply with eDiscovery for a single case. That's an insane amount of money, especially relative to the stakes we're talking about in this matter. It puts a huge amount of pressure on folks like me to just settle since its not worth it to go to trial, spend even more money on pre-trial, and still have at least some small % chance of losing. As best as I have learned, in Delaware Chancery court it is also very rare to get your attorneys' fees reimbursed or be able to countersue for the costs when you win. So basically, the status quo situation in the American legal system is that if someone is willing to sue you and willing to spend a boatload of money themselves, they can force you to spend a boatload too (potentially all the way into bankruptcy) with no real defense or recourse unless you settle on whatever terms they dictate. When I asked my LPs for feedback or advice on this topic I was shocked by two things: 1. How many of them had dealt with a bogus lawsuit. 2. How essentially nobody had heard of any good ways to resolve it except paying out a settlement, even if you did nothing wrong. This is a totally insane state of affairs and has been eye-opening for me. Its also a huge risk for early stage founders who simply can't afford a big pay off settlement. I don't see any way I can bring myself to pay a settlement just because its cheaper than litigating the issues. Once you open that door, how do you avoid just becoming a piggy bank for anyone and everyone willing to bring a lawsuit against you? So I'd like to tackle this issue head on and try to find an affordable way to comply with eDiscovery so we can get to a trial and resolve the actual question. The reasons eDiscovery is so expensive don't seem intractable to me and there has got to be a way to do this that is at all proportional in costs to the actual matters of the case. But I need help. 1. Founders (or anybody really) if you have dealt with this issue before and found any kind of good solutions or can point to any good resources please reply below and amplify 🙌 2. I'm looking to collaborate with counsel or firms that have experience tackling this issue or want to. I know a big problem with this whole situation is that nobody on the legal side is particularly incentivized to help reduce costs on this matter, but believe me the entrepreneurial community will be forever grateful for help on this 🙏