IS GOING PUBLIC RIGHT FOR YOU? W. NICK FINDLER – EP. 72
Today’s guest is Nick Findler, CEO of GoPublic.AI. Nick and his team are building an automated platform to match companies looking at going public with financing groups that are interested in their space. After being evaluated, these companies are educated about the process of going public and what it takes ‘to be public’. They are matchmakers connecting high-potential opportunities with capital available in the junior Canadian stock markets.
For entrepreneurs looking to raise early-stage capital, GoPublic.AI aims to educate and match them with good financing groups. For brokers and financiers, Nick Findler and his team are tackling the problem of finding good, consistent deal flow.
A key topic that Nick and Cory discuss in this episode is that entrepreneurs need to understand is that firstly, venture stage financing is available in the public markets. Secondly, it can be a very comparable form of capital versus private venture capital. That said, you’ll need to invest in and manage the expectations of the public shareholders.
Nick makes the point that there are also a number of other benefits of being a public company. Canada has a very unique junior public marketing system that is attracting international attention and, with that, more and more exciting opportunities are coming to the markets and becoming available for retail and institutional investors alike.
Nick Findler talks through a number of points in this episode, including the pros and cons of going public, so make sure to tune in today to find out more.
This episode is supported by the team at Olympia Trust Company.
Olympia is an outstanding provider of transfer agent and corporate trustee services and has been supporting the Canadian capital markets for over 20 years.
KEY POINTS FROM THIS EPISODE:
Learn a bit more about Nick’s background and how he got into the public markets.
Nick shares a bit about GoPublic.AI, the role that AI plays, and what it means to be a 100 percent success-based firm.
What you need to know about the Canadian junior markets and access to capital.
The characteristics of a good public market candidate for the junior space, such as potential for and exciting growth trajectory.
What an entrepreneur should look for when bringing on partners: aligned world views.
Raising capital for public companies versus privately funded companies.
It’s not easy being a public company: how to do well by using public venture capital.
Find out about the timeline and requirements for raising public venture capital.
Nick addresses the fallacy that, when you go public, you’ll lose control of your business.
How companies outside of Canada can list on the Canadian Exchanges.
The formula for success: have a great management team, be well capitalized, and communicate your vision.
Advice for entrepreneurs looking to access capital: don’t be intimidated by the public markets.