E1141: CircleUp’s Ryan Caldbeck on the mental & physical toll of being a founder, why he stepped down as CEO & shared his struggle publicly

about this episode

Read Ryan’s Medium post: https://rb.gy/zep70h

Check out CircleUp: https://circleup.com

FOLLOW Ryan: https://twitter.com/ryan_caldbeck
FOLLOW Jason: https://linktr.ee/calacanis

Listen here…
Apple: https://podcasts.apple.com/us/podcast/this-week-in-startups-audio/id315114957
Spotify: https://open.spotify.com/show/6ULQ0ewYf5zmsDgBchlkr9
Overcast: https://overcast.fm/itunes315114957/this-week-in-startups-audio

Show notes:
1:03 Jason intros Ryan Caldbeck & addresses the infamous board member email
6:18 What is CircleUp? Plus their incredible cap table & perfect timing
11:04 MainStreet – Startups: you’re owed over $50,000 by the IRS, get it back at https://mainstreet.us/twist
12:33 Filling the supply & demand side of their consumer goods fundraising marketplace
21:56 Squarespace – Go to https://squarespace.com/twist for a free trial, and use code TWIST for 10% off
23:29 Why the quality of companies did not correlate with their ability to fundraise, how Halo Top ice cream confused investors
27:21 Pivoting from a marketplace to raising a fund as a Series C company
31:34 Early issues with syndicates: lack of diversification, how CircleUp was able to classify consumer goods companies accurately
35:30 Odoo – Get your first app free & $1000 off your first implementation pack at https://odoo.com/twist
36:59 Why Ryan stepped down as CEO – mental & physical health struggles, difficulty of pivoting a post-Series C company
48:29 Detailing his struggles to help founders feel less lonely
51:50 Ryan’s advice: Early-stage firms & business schools should talk about founder mental health
56:17 How consumer goods founders can contact CircleUp

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