Suggestions
Betty Chang
Building and investing in healthtech!
Betty Chang is a seasoned professional with experience in venture capital and healthcare. She joined Susa Ventures as a Venture Fellow in 2022, where she developed insights into healthcare investing.1 Prior to this role, Betty served as the Chief of Staff at Capable Health from 2021 to 2023, where she led strategic initiatives, contributed to customer acquisition, and managed a $6 million seed funding round.13
Betty's professional background includes:
- Chief of Staff at Capable Health (2021-2023)3
- Strategy project manager at Luminary Labs (2018-2021)1
- Fellow at Sidewalk Labs (2018)1
- Experience at the United Nations launching tech initiatives for health and gender priorities1
Her educational background includes a Bachelor's Degree in Biochemistry and Economics from McGill University.1
Betty is passionate about partnering with founders who are building technologies to solve critical challenges, particularly in areas such as affordable healthcare and climate resiliency.2 She has also been involved in managing an investment fund to improve women's and children's health in developing countries at UNICEF.23
Highlights
It’s been a tough 💸fundraising💸 environment for founders.
This is especially true for first-time and underserved founders who may have odds stacked against them without a built-in investor network, vocabulary, and resources. Female founders raised just 2% of VC funding, and Black founders received only 0.5% last year...
So, I’m sharing my 🔟 lessons learned on fundraising ops to engineer a competitive process, TL; DR:
- Qualify the investors that you want for your startup
- Build investor relationships ahead of your raise
- Hunt down the warmest intro within your network
- Treat fundraising like a full-time and timeboxed job
- Channel the investor mindset in overpreparing for your pitch
- Evangelize your gems in every meeting — and protect your risks
- Optimize for maximum face time by dripping just enough materials to get you that next meeting
- Create a surround sound effect to keep your startup top of mind
- Keep calm, remember to diligence and negotiate thoroughly
- Be kind
Read on, and shoot me your lessons — would love to add them in here: https://lnkd.in/g9sj6nbD
Big thank you to Sam Gerstenzang and Claire Pan for their inputs. Fun fact: I met them both via cold emails (can confirm, they do work).
