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image of How I scaled my business after raising $73.7M of funding: lessons from Maple CEO, Dr. Brett Belchetz
Tuesday, December 22, 2020
42:01
minutes

How I scaled my business after raising $73.7M of funding: lessons from Maple CEO, Dr. Brett Belchetz

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Episode Details

I’m joined today by Brett Belchetz, CEO of Maple. Brett has $73.7M in 4 rounds and shares what he has learned in this journey.

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Episode Description:

Choose your investors very very wisely. 
Biggest check and valuation are not the best guiding principles. 

Think about it.

When you are getting ready to exit your company in 10, 15 years, the 5-10% difference in valuation won’t be massively different of how much money you walk away with. 
But if you take onboard the wrong investor, you can end up with zero. 

It's much more important to bring investors asking questions like “what is the personality of the people that are investing”, 
“How am I going to feel when these people call me by surprise every couple of weeks?”


Main talking points: 
  • How Dr. Brett has started Maple (getmaple.ca) and built a marketplace 
  • Brett’s thoughts on raising money and scaling to a billion dollar “unicorn” type company
  • How do you pick the right investors for your company
  • How Brett’s company significantly lowered customer acquisition cost by creating a strong inbound lead generation engine

About Dr. Brett:

Dr. Brett Belchetz is the CEO and Co-founder of Maple (getmaple.ca), Canada’s leading virtual care provider connecting patients and healthcare providers like doctors and therapists for online medical visits in minutes. He’s also a practicing physician in Toronto, and a Senior Fellow at the Fraser Institute. In addition, Brett’s passion for healthcare communication and policy have led him to work as an on-air medical expert for CTV and Global News, as well as a contributor to outlets such as the National Post. Previously, Brett worked as a management consultant with McKinsey & Company.

What is Off the Record with Aram?

Made by entrepreneurs for entrepreneurs. Off the Record is about the journey. It’s about fears, doubts, wins, and devastating losses. It’s about how people kept going no matter what to build their businesses, raise cash and hire the team. Here battle-tested CEOs and VCs share how they jumped out of the airplane and tried to assemble it on the way down.I hope you like it.

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