Learn core strategies for successfully raising capital along with timely tactics to help you succeed when you need it most.

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Raising venture capital in any market has a very low probability of success for most companies. The ratio still stands that on average 1 in 300 companies that present to investors secure investment. This ratio will only get worse for entrepreneurs in the near to medium term. 

And investors are still trying re-orient to the markets along with temporary and permanent changes in how we conduct business. Investor activity has slowed dramatically, valuations are plummeting, and many growing companies need money now more than ever. So, what can entrepreneurs do to effectively raise capital in this environment?

Join Ross O’Brien as he walks you through some of the core strategies for successfully raising capital, many of which are in the book Cannabis Capital, which are applicable to businesses in any industry, along with timely tactics to help you succeed when you need it most.

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Ross O’Brien is the

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Merchandise is displayed for sale at a Dick’s Sporting Goods Inc. store in West Nyack, New York.

Craig Warga | Bloomberg | Getty Images

Dick’s Sporting Goods on Tuesday reported a decline in same-store sales of almost 30% for the first quarter, when stores across the country were shut during the coronavirus crisis

The retailer said e-commerce sales, however, surged 210% since March 18, when its stores were closed, through the end of the first quarter. It said online sales were up 110% for the entire quarter as people stuck at home stocked up on weights, workout clothes and other fitness gear to keep them busy. It also said it got a boost from its curbside pickup service. 

Dick’s shares rose 1.5% in premarket trading Tuesday following the release. Its stock is down about 26% for the year. 

Dick’s reported a net loss of $143.4 million, or $1.71 a share, for the period ended May 2, compared with earnings of $57.5 million, or 61 cents per share, a year earlier. 

Dick’s said net sales fell about 31% to $1.33 billion from $1.92 billion a year ago. 

Analysts had been calling for Dick’s to report a loss of 57 cents

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Good morning.

I’m going to run long today, in order to highlight the outpouring of CEO commentary on the George Floyd killing. As I’ve said here before, this sort of CEO public reaction to controversial social issues just didn’t happen a decade or more ago. Someone check my memory, but I don’t recall a flood of CEO sentiment after the Rodney King beating.

This time, the heartfelt statements were hard to keep up with. A sampling of the many:

“The tragic and unnecessary death of George Floyd in Minneapolis earlier this week and the ensuing unrest are glaring reminders of the progress we need to make to have a truly equal and just society.”
–Mike Corbat, Citigroup

“We cannot lose sight of the fact that racism is tearing our communities apart. One lesson we should all learn is that silent carriers help spread racism.”
–Arvind Krishna, IBM

“Regardless of race, gender, nationality, sexual orientation, abilities, wealth and educational background or any other point of human difference, each person deserves to be recognized for who we are and respected for both our