Part 1 - Communicating Fundraises with Transparency & Discipline [Daniel Simon & Erik Schreter]

In Part 1 of this two-part interview, Daniel Simon, founder and CEO of Coast, shares a candid and tactical view on how to communicate equity fundraises internally with clarity, transparency, and humility. Drawing from his experience raising over $100M in venture capital, Daniel outlines his approach to managing investor relationships, timing fundraises, and preparing teams for the next phase of growth. He walks through the communication cadence before and after term sheets, how to avoid the "we made it" mentality post-raise, and how to align compensation expectations without distorting company focus. This conversation is a must-listen for founders and leaders navigating growth while staying grounded in their company’s mission and values.