Episode #16 - Henry Kaestner, Founder of Sovereign's Capital

The Circle of Competence Podcast

This week, I'm sharing my conversation with Henry Kaestner, founder of Sovereign's Capital and host of the Faith Driven Entrepreneur podcast. Sovereign's Capital "invests in two market segments: profitable, lower middle market companies (with $10 million to $100 million in revenue, and $2.5 million to $10 million in owner earnings) and promising, early-stage technology companies (with $500,000 to $5 million in annual recurring revenue)." In our conversation, we covered:

- The Bandwidth.com story and Henry's years as CEO and Chairman

- The culture at Bandwidth ($BAND) and how it was defined from the start

- The incentives behind venture capital investment

- Buying customers (and burning cash) vs. delighting customers (and keeping them)

- Debt vs. equity for founders

- Convertible debt and SAFE's

- Henry's work and drive behind the Faith Driven Entrepreneur and Faith Driven Investor organizations

- The launch of the Faith Driven Investor marketplace

- The power of surrounding yourself with friends who will speak wisdom into your life

- Henry's business idea to reinvent the collectibles industry using cloud labor and computer vision to grade collectibles and sell them over a marketplace platform

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