Why a Tech-Driven Capital Raise Solution for the Masses is a Must-Have

Revere VC talks tech in this video about why tech-enabled platforms are table stakes in the digital era.

Video Transcript

Seth Gordon: So maybe you could tell, you know, other, other venture firms out there, or even people that are considering leveraging a technology, whether it be for VC or, or, you know, a PE firm, crowdfunding portal, you know, how do you guys intend to really use the platform and all the different tools to maximize your exposure and maximize your efficiencies for, for raising that capital?

Chris Shen: You know, it's a great question. I think it, it, it, it's almost, it's, it's sort of a circular I don't know what the metaphor is, but, you know, circular reasoning in that the best firms that, you know, everyone knows, right? And buy out, you have Carlisle, you have Aries, Sequoia VC, you know, the hedge funds, et cetera. You know, they don't, they, they can, because of their track record and sort of the incredible stuff that they do, they don't need to, you know, they can just get people in a room, "Here, sign the subscription documents for the fund. Let's move on." Right? But you see these firms as the earliest adopters of a lot of technology, because again, you know, the hand that lays the golden egg, they want to keep, make sure that hen's comfortable. Right? So when you see sort of the big name firms, adopting technology solutions to interact with their investors, to make processes more streamlined, whether that's from, you know, investor relations to operations, to, you know, deal management, it would behoove sort of people that, you know, one day want to dream big and become one of those, you know, brands and play in that league, it would behoove you to look at that, right? And I think obviously the obvious sort of backdrop of, you know, COVID-19 where our business, in terms of financial technology, investing, asset management, is a very sort of shake hands, go to conventions, press the flesh, so to speak type of events, right? Type of industry. And without that interaction, without the ability to travel to major financial centers, you're left with, you know, you have to have a technology solution. Full stop. So with all those sort of, I guess you know, those, the secular tailwinds where the big boys and girls are, you know, have adopted already, and it's gone swimming, you know, mostly pretty well. And you have sort of the inability to meet in person, a technology solution for the majority of whether you're an investment firm, you know, sort of an asset manager is, you know, it's a must have. It's not sort of a nice to have and you know, all that, but it's a must have. So these solutions, you know, WealthBlock being the lead among them, you know, you have to have it, right? And I think you'll see sort of the returns. I mean, obviously every technology solution has an outlay where you know, you have to get up to speed, you know, customers need to understand or appreciate it. There's build-out times, et cetera. You know, we're making Deji look good here. But essentially, you know, once that comes around that, you mastered that curve, the rewards are well worth it.

Related Videos

No items found.

We have been with WealthBlock since they started their company. Their software has helped us grow our company from a small two person consulting firm into a multi city Investment Bank. More impressive than the software product is their people. Skilled in their crafts, professional presence, and just a good group of people. We have been very happy with our relationship with everyone at WealthBlock.

Michael Cavanaugh

Founder, Regiment

Schedule a Demo

We'll unpack what you need and provide a solution!