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#BeetCast Replay: Andre Swanston: Angels Saved My Start-up as VC’s Shut the Door

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He had a successful exit when his start-up Tru Optik was sold to data giant Transunion last year.   But it was  tough sledding, building an advanced media data business five years ago.  Now a super-hot sector, Andre was ahead of his time.

While he made early progress with product development and industry partnerships, funded from a few early stage angel investors, access to venture capital was nearly impossible.  While he says the adtech industry was open to him, he was shut out by VC’s — unable to even to get preliminary pitch meetings.  He blames racial bias.

With VC’s investing less than 1 % in Black-founded start-ups, Andre is committed to changing the equation both by his example, advocacy and now personal investing in promising companies.

This is one of the topics covered in a wide ranging podcast session moderated by guest host Ashley Swartz, CEO of Furious Corp.  They cover a number topics including the transformation of TV, the background and promise of the acquisition by Transunion.

Editor’s Note: This episode was published in January of the year.   It is as compelling and important as ever, so we are republishing it this week.

Please subscribe to the #BeetCast on your favorite podcast service.

The BeetCast is sponsored by Mediaocean.


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