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164. Everything you need to know about VCs. When to raise, trade-offs of taking VC money, is there truth behind VC memes & how to tell if you are not performing w/ Jone Vaituleviciute (FIRSTPICK)

Author
Uldis Teraudkalns & Janis Zeps
Published
Tue 28 May 2024
Episode Link
None

Jone Vaituleviciute is the managing partner and co-founder of Firstpick, an early-stage VC and accelerator program based in Lithuania and operating across the Baltics. In this episode we decided to focus more on VC as a business. If you are a founder, this is a great chance to learn how the VCs tick. Before starting Firstpick, Jone was a partner at StartupWiseGuys. 

On this episode we talk about:

  • When and why startups should consider VC funding.
  • The importance of local presence and knowledge in early-stage investing.
  • Unique hurdles faced by startups in the Baltic region and how to overcome them.
  • When and why startups should consider accelerator programs.
  • Practical advice on managing funds and financial planning for early-stage companies.
  • Predictions and emerging trends in the VC landscape

Check out https://firstpick.vc/

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