How to Spot Entrepreneurs With Potential When Investing With Wayne Kimmel
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Wayne Kimmel is a Managing Partner at SeventySix Capital, a venture capitalist company investing in passionate entrepreneurs and startups in the sports tech, esports, and sports betting industries. Besides being a sports tech VC investor, Wayne is an entrepreneur, author, and podcast host. In 2022, he was named the Sports Tech Power Player by The Sports Business Journal and awarded the Most Admired CEO award from the Philadelphia Business Journal. His book, Six Degrees of Wayne Kimmel, offers a glimpse into how he networked and found investors in his early twenties.
In this episode…Kickstarting a business idea is an ambitious goal requiring innovation, vision, and funding. While innovation and vision rely solely on the founder, finding the capital to launch your company may be the most arduous step in the process. Seeking investors to offer the financing necessary can give you the momentum you need to build a successful business.
What criteria do venture capitalists look for when considering startups for investment?
Entrepreneurs are passionate about their work and what they hope to accomplish with their innovative ideas. Wayne Kimmel, a venture capitalist, has invested in many startups throughout his career and has determined the nonnegotiable requirements he seeks from the visionaries he chooses to invest in. Aside from passion and social intellect, Wayne prioritizes professionals who also want guidance and relationship from their investors.
On this episode of the Top Business Leaders Show, Chad Franzen introduces Wayne Kimmel, a Managing Partner at SeventySix Capital, to discuss the criteria venture capitalists should consider when making investment decisions and how to continue fostering the relationship after the initial investment. Wayne also shares how he built his network and raised capital as a young entrepreneur, his career lessons, and what excites him about the future of sports technology.
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