Ep 40 - Michael Bambrick - Founder of Fundraising Skool & Partner at Wallace Corporate Counsel

In this episode of the Founders & Funding Podcast, Philip Smith speaks with Michael Bambrick, Partner at Wallace Corporate Counsel and Founder of Fundraising Skool. As a VC lawyer who has worked both sides of the table across pre-seed through Series B, Michael explains why fundraising should be run as a structured business project with clear targets and a fixed deadline, rather than a series of hopeful introductions.

He walks through his proof, find, pitch framework, why most founders start at the pitching stage when two phases should come first, and why mass LinkedIn outreach has become close to worthless. Michael also covers the term sheet mistakes founders make most often, why the highest valuation can work against you, and what actually changes in the evidence investors expect as you move from pre-seed to seed to Series A.