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ASTRA GLOBAL ONE-TO-ONE TALK with Oleg Dmitriev
May 21, 2020 @ 6:00 pm – 7:00 pm CEST
Astra Global in cooperation with SwissFinTechLadies presents a series of talks by entrepreneurs to entrepreneurs (ONE-TO-ONE TALK), where they share their experiences and can learn from each other. ONE-TO-ONE TALK to Oleg Dmitriev. WHY YOU DON’T WANT TO RAISE EQUITY. Oleg is a serial entrepreneur with practical knowledge of seed funding and taking the company through the “valley of death”, having raised over £3m of equity funding and over £0.5m of grant funding. Awards: Made in Scotland 2018, winner; Innovator of the Year 2018, One of Top 100 Figures in UK Manufacturing 2017, Red Herring Top-100 Europe, Inventor of the Year 2017, Best Venture-backed Management Team 2017 in Scotland. Oleg has graduated from EMBAG Columbia and LBS. About this event. Many entrepreneurs see equity funding as the only way after a minimum viable product is developed. In this talk, we discuss why equity funding is a bad idea for early-stage startup? How equity funding should be one of an equal set of other funding options. Why it’s important to start generating cash flow before you start raising your first round. And when it’s the right moment to start raising not to lose control over your company.