In this week’s episode of Next Gen Builders, Francois is joined by Drew Glover, Co-Founder and General Partner at Fiat Ventures, a VC firm focusing on the next generation of early-stage fintech startups.
Drew shares his unconventional path that led him to start Fiat Ventures, advice for founders looking to raise capital, and how he strategically builds his team to complement his own strengths and weaknesses.
Throughout the interview, Drew highlights the importance of understanding business models and being able to quickly identify and adapt to market conditions. He advises aspiring founders to ensure their ventures have a generational impact and stresses the critical role of resilience and adaptability in overcoming market challenges.
You’ll hear Drew delve into the vital role of data in their operations, using both qualitative and quantitative insights to make informed decisions. He discusses how Fiat Growth and Fiat Ventures work perfectly together to evaluate potential investments, ensuring they back companies that are not only innovative but also scalable and sustainable. This episode is filled with valuable advice for anyone looking to elevate their career and navigate the complexities of venture capital and entrepreneurship.
Timestamps
00:00 Episode Start
01:16 What inspired Fiat Growth and Fiat Ventures
05:52 Drew's unconventional path into venture
08:46 Why you need to understand every business model out there
10:27 Lessons Drew still takes away from his sports background
13:53 Staying relentless
19:13 The art of persuasion
22:41 How to determine what's real vs. hype
25:38 Don't underestimate the power of team
31:19 Where Drew relies on data for Fiat Growth and Fiat Ventures
Links
Connect with Drew Glover on LinkedIn: / drewbailerglover
Check out Fiat Ventures: https://www.fiat.vc/
Connect with Francois Ajenstat on LinkedIn:
/ francoisajenstat
Check out Amplitude: https://amplitude.com/