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Clarity

Yonatan Raz-Fridman

London & NYC

Started KANO. Backed by Jim Breyer, Marc Benioff, Martin Sorrell, Troy Carter, Index Ventures & more. Customers in over 80 countries; $1.5m on Kickstarter; Loved by TIME & WIRED. Nearly $20m in financing. An award winning product (Reddot, Cannes Lions).
Before that, at KETER, one of world's largest DIY & home improvement consumer brands; Over $1b revenue, over 90 countries.

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Entrepreneurship Crowdfunding Financing Venture Capital Consumer Products New Business Development Supply Chain

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Registering & Protecting Your Brand

When is best to start protecting your brand and to go about it, and most importantly, why.

Kickstarting a New Product

With Kano, raised $1.5m on Kickstarter, nearly 14,000 backers from 86 countries.

Raising Money

With Kano, we've raised nearly $20m in financing from world-class investors. I'm happy to share our insights on the process we had, also with regards to working capital and venture debt.

Designing & Manufacturing a New Product

At Kano, we went from concept design to manufacturing and delivering nearly 20,000 units of a new product in 18 months. Am happy to share insights from this process.

Building a Team

At Kano we've built so far a team of ambitious and committed people from 18 different nationalities. Recruiting is hard but probably one of the most critical success factors, if not the most.

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Answers

Yonatan Raz-Fridman answered

Is it wise to get a bank loan to finance my startup?

Hello. My experience showed me that it is definitely not easy to get money from a bank especially in the early stages. It really depends on what type of business you are starting.

Banks would usually look for risk management in the form of assets you own in case the business doesn't progress as planned. Unlike venture capitalists who are used to take a risk on startup investment, in the case of a bank it's very different and not trivial but I may not know all the schemes that banks offer in the US (is this where you are located?)

I'd be happy to help you on your thinking process and cover the key points over a phone call.

Hope this helps
Yonatan

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Member since March 2012