Leib Bolel of Grayhawk Capital on the Venture Outlook of 2023

This week I am interviewing Arizona legend Leib Bolel of Grayhawk Capital. Leib is a favorite among founders, other capital providers, as well as limited partners. You can watch and listen to the podcast on YouTube, Apple, or Spotify.

Where should your investment focus for 2023 be? The 2023 market shift is opening up opportunities as it’s no longer a founder-dominated market. Companies and founders will be looking for reasonable valuations to execute capital efficiency.

In this episode of The Capital Stack, we have Leib Bolel, Partner at Grayhawk Capital and President at Arizona Israel Technology Alliance. He has over a decade of experience in new business development, startups, marketing, funding acquisition, and general operations management, which is instrumental in building organizations from the ground up. We discuss the upsides and downsides of working at a venture capital and why it is one of the most challenging industries to get into.

Listen in to learn why you must be detailed and diligent when going into a deal and not be emotionally attached. You will also learn why you need to look into the people on the board and management before investing in a company.

What You Will Discover:

·       [00:00] Intro

·       [03:20] Leib on the venture opportunities he saw in Arizona and how he joined Grayhawk Capital.

·       [06:00] The challenges of joining the venture industry plus the upsides and downsides of working in it.

·       [09:20] The work that goes into fundraising plus the benefits of SPIC fund that Grayhawk enjoys.

·       [12:03] How the current 2023 market state is creating opportunities for investors.

·       [16:30] The importance of taking your time and having clarity when going into a deal.

·       [17:52] How to evaluate the people involved in the board and management before investing in a company.

·       [21:21] The hesitation expected to happen due to the pending or current recession.

·       [22:27] Leib answers some random questions, plus when to expect Fund 4 from Grayhawk Capital.

Memorable Quote:

·       “Take your time; there’s always going to be another deal.”- Leib [16:30]

Connect with Leib:

·       LinkedIn: https://www.linkedin.com/in/leibbolel/