Have you ever had a great idea and wondered how you would ever finance it? In this episode, my guest may just help you find the answer. Tom Wisniewski is the Managing Partner at Newark Venture Partners, a $100M+ venture fund and leader in B2B technology investing. He was also a previous Founder of RosePaul Ventures.
Tom loves to hear from great tech start-ups with massive investment potential and is an active early-stage investor and adviser to start-ups, venture capital, private equity, and growth-stage companies.
With such a wealth of experience under his resume, let’s dive into Tom’s expertise and learn how to raise money for your ideas.
Things you will learn in this episode:
[00:01 – 06:04] Opening Segment
- Sponsored ad
- I introduce today’s guests Tom Wisniewski
- NVP
- Founder of RosePaul Ventures
- Member of the NY Angels
- Be sure to check out guestio.com and start booking
- Tom gives some background
- Entrepreneur from early one
- Running businesses while in school
- Joined a startup for 7 years
- Became a partner and sold the company
- Introduced to new tech and startups
- Getting into venture capital
[06:05 – 13:30] From Selling a Company to Starting a Business
- Tom shares about his experience getting a degree
- Not excited about the opportunities
- Getting into investment banking
- From selling a company to starting a business
- Thinking through things for a year
- Joining an internet incubator
- Going into Angel Investing
- After the .com crash
- Who you know or what you know?
- Yes – you need both
[13:31 – 24:27] How to Raise Money for Your Ideas
- Becoming a better networker and communicator
- Realise who you are and what you have
- Learn from everybody
- Getting better at things
- Introspection
- Practice and repeat
- Go DO
- The art of pitching your ideas and cultivating connections
- Who are the principles that can provide perspective?
- Start with your peers
- Asking for advice and counsel
- Detach yourself from the outcome
- Fundraising is hard – but you can get better
- The importance of finding the right fit
- A word from our sponsor
[24:28 – 32:21] Closing Segment
- Where people can start relationships
- Lists of investors available
- Be thoughtful about your approach
- Events used to be the best way
- ThE RaNdOm RoUnd
- How to engage with Tom
- Links below
- Final words
Tweetable Quotes:
“If you communicate but have nothing to communicate or not enough substance of what you know and what you bring you won’t succeed; but if you know a lot of things and you don’t know how to network you’re not gonna get very far.” – Tom Wisniewski
“What you need to do to get better at stuff is be introspective, with what you’re good at, what you’re not good at… figure out how to get better, then go DO.” – Tom Wisniewski
“There could not be something more important than making sure you understand FIT in the world of investing.” – Tom Wisniewski
Resources Mentioned:
Connect with Tom on LinkedIn, or by emailing tw@newark.vc. Visit https://www.newarkventurepartners.com/ to see if you may be the right fit!
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