EP 197 : Funding the Most Loved Consumer Startups - Anurakt Jain (Co-Founder & CEO, Klub)

Anurakt is the Co-founder of Klub, a revenue based financing startup that provides skin-in-the-game financing for loved brands. Prior to starting Klub he was an intrapreneur at InMobi and created two global businesses, Glance and TruFactor, as core growth areas for the group. He was also a venture capitalist, investment banker, and current angel investor helping start-ups scale. In this episode he spoke about the nuances of revenue based financing, how to manage a lending business, how to operate during a down turn and more.

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This episode is brought to you by Park Avenue, shop for their wrinkle free shirts here: https://www.myraymond.com/

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Connect with Anurakt :
Linkedin: https://www.linkedin.com/in/anuraktjain/
Twitter: https://twitter.com/anuraktjain

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Connect with Us:
Linkedin: https://www.linkedin.com/company/startup-operator​
Twitter: https://twitter.com/OperatorStartup

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Topics:
00:00 Sneak Peak
01:07 Introduction
02:23 Anurakt's perspective as an investor and a founder
08:12 How an Operator mindset helps with being a founder
12:56 Why did Anurakt pick revenue based financing
19:52 Nuances of revenue based financing
24:38 Advice for other founders on starting up
30:11 Park Avenue Wrinkle free shirts
30:35 Reasons for picking consumer v/s enterprise businesses
33:57 Building a moat as a lender
36:33 Customer acquisition channels
38:12 Nuances of managing a lending business
41:15 Dealing with regulations
46:29 Executing in a downturn
52:15 Books and Podcast recommendations
54:35 Park Avenue Power points

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