Play Your Own Game – Brice Scheschuk’s Framework For Founders Seeking To Understand The World Of Venture Capital
Isaac Souweine, Partner at Pender Ventures hosts Brice Scheschuk, Managing Partner at Globalive Capital. Brice is an active private technology investor in Canada with firsthand founder experience as the co-founder of Wind Mobile (now Freedom Mobile) in 2008. In this podcast he talks to Isaac about his “play your own game” framework, a thought exercise for founders that shifts their sole focus from pitching to investors to include selling to customers.
Key Takeaways:
2:46 – “The Brice Arc” – Brice’s history and experience that brought us to the Play Your Own Game framework.
6:25 Brice discusses Globalive Capital’s differentiated strategy when it comes to allocating to tech as a family office.
8:50 Unpacking the “big ideas” with the play your own game framework.
13:07 Playing your own game instead of playing the VC game is a lesson for founders and investors.
19:37 Brice shares why the traditional definition of bootstrapping is too limiting.
23:22 Measure Up – A look at the first few years as a startup.
31:00 “One of your jobs as a founder is not to be seduced.” When is the right time to take a VC meeting?
35:28 What is the concept of the mighty middle? “…it’s by far the most interesting place to play.”
43:02 “Decisions that can be undone or decisions that cannot be undone” – a decision-making framework.
46:15 How Pender Ventures sees the world.
47:41 Funding the mighty middle and weighing up different investing strategies.
1:02:45 Closing thoughts for founders and knowing the different ways to finance your business.
Episode host and guests:
Isaac Souweine, Partner, Pender Ventures
Brice Scheschuk, Managing Partner, Globalive Capital
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