Social Leverage's Matt Ober: Building A Company Is A Marathon

Matt Ober is a general partner at Social Leverage, an investment fund focusing on finding exceptional entrepreneurs and investing in their project's early stages.

Before Social Leverage, Ober worked as a chief data scientist at Third Point where he built the data analytics and technology platform used to enhance the firm's investment capabilities in equity, structured credit, venture capital and cryptocurrency.

He started his career as an equity and derivatives analyst at Bloomberg and had a notable tenure as a data strategist at WorldQuant. He is a chartered alternative investment analyst (CAIA) and volunteers on the board of governors for his alma mater, California State University, Chico.

Ober will be among the fintech experts participating at Benzinga's Fintech Deal Day event in New York City on Nov. 13.

Prospective entrepreneurs looking to raise capital should listen to his advice, as he will address the topic, "Insiders on Capital Raising and Scaling: Strategies, Tips, and Examples." This panel will provide tips on navigating regulatory challenges, building strategic relationships, and scaling operations effectively.

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Despite all of his obligations, Ober is a prolific writer sharing industry insights through a personal blog and a newsletter.

Most recently, he reflected on the latest startup issue with raising capital. Fresh entrepreneurs think that a 5% interest rate is too high, but seasoned veterans know that the money can only stay cheap for so long.

Ober suggests four key solutions to maximize the odds of success.

1.    Figure out how to reach profitability – He advises finding customers early and designing the product with their feedback. Focus on sales and use feedback as a positive loop.

2.    Hire great talent – Know your team and ensure they know you. Don't settle when it comes to people and strive to hire those smarter than yourself.

3.    Have a clean, concise deck – Pitching is important. Understand the competitive landscape and your clear differentiation from others.

4.    Have a vision – Know where you want to be in the near future. Know your ultimate goal and understand the goals of your prospective investors.

"Building a company is a marathon. If you aren't ready for a 10-year journey, you may want to rethink starting a company," he concludes.

Benzinga's Fintech Deal Day & Awards event will highlight the current digital asset space. Join Benzinga’s Future of Digital Assets in New York City on Nov. 14, 2023, to stay updated on trends like AI, regulations, SEC actions and institutional adoption in the crypto space. Secure early bird discounted tickets now!