Ep. 49: How Clarence Levy Scaled His Project Management Skillset Through Entrepreneurship
Sun Feb 01 2026
Behind every breakout company is a hidden layer of capital decisions, investor psychology, and timing that most founders never see. In Part 2 of this conversation, Karen Rands, CEO of Kugarand Capital Holdings and a 24-year veteran of the angel investing ecosystem, pulls back the curtain on how founders actually get funded and why passion, preparation, and positioning matter more than pedigree. From her years at IBM to building one of the most active angel investor networks in the U.S., Karen reveals how capital truly flows behind the scenes.
This episode picks up where Part 1 left off, as Karen shares behind-the-scenes stories from evaluating hundreds of deals, including a surprising case where seasoned software investors nearly funded a vampire movie because the founders deeply understood their market, distribution strategy, and investor psychology. She traces her path from screening venture-ready companies at IBM to leading the Network of Business Angels and Investors through both economic booms and the Great Recession. Along the way, Karen explains how investor emotion intersects with hard investment criteria, why many strong ideas fail to raise capital, and how education, not access, is the biggest barrier preventing more people from becoming angel investors.
Key Takeaways:
How angel investors make final funding decisions and why emotional alignment matters after criteria are met What founders must demonstrate in their capital strategy, use of funds, and go-to-market plan to earn investor confidence Why unconventional ideas can still get funded when investors believe in both the mission and the return potential The long-term implications of raising capital and what it truly means to be accountable to investors How operators and executives can evolve into investors using portfolio-based thinking and education
Join us with Karen Rands as she unpacks Part 2 of her scale tale and shows how founders can align strategy, storytelling, and investor psychology to access capital and how leaders can build wealth by investing with purpose, passion, and profit.
🏆𝐀𝐫𝐞 𝐲𝐨𝐮 𝐚 𝐏𝐌𝐏? 𝐄𝐚𝐫𝐧 𝐘𝐨𝐮𝐫 𝐏𝐃𝐔𝐬 𝐟𝐫𝐨𝐦 𝐭𝐡𝐢𝐬 𝐩𝐨𝐝𝐜𝐚𝐬𝐭!
👉View this Episode's Full Show Notes at ScaleTalesPodcast.com.
© Copyright 2025. Scale Tales is an Equilibria, Inc. podcast. We're dedicated to providing resources to support founders, leaders, and project managers of fast-growing organizations in scaling back-office operations without pain and chaos. Visit our website to learn more.
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Behind every breakout company is a hidden layer of capital decisions, investor psychology, and timing that most founders never see. In Part 2 of this conversation, Karen Rands, CEO of Kugarand Capital Holdings and a 24-year veteran of the angel investing ecosystem, pulls back the curtain on how founders actually get funded and why passion, preparation, and positioning matter more than pedigree. From her years at IBM to building one of the most active angel investor networks in the U.S., Karen reveals how capital truly flows behind the scenes. This episode picks up where Part 1 left off, as Karen shares behind-the-scenes stories from evaluating hundreds of deals, including a surprising case where seasoned software investors nearly funded a vampire movie because the founders deeply understood their market, distribution strategy, and investor psychology. She traces her path from screening venture-ready companies at IBM to leading the Network of Business Angels and Investors through both economic booms and the Great Recession. Along the way, Karen explains how investor emotion intersects with hard investment criteria, why many strong ideas fail to raise capital, and how education, not access, is the biggest barrier preventing more people from becoming angel investors. Key Takeaways: How angel investors make final funding decisions and why emotional alignment matters after criteria are met What founders must demonstrate in their capital strategy, use of funds, and go-to-market plan to earn investor confidence Why unconventional ideas can still get funded when investors believe in both the mission and the return potential The long-term implications of raising capital and what it truly means to be accountable to investors How operators and executives can evolve into investors using portfolio-based thinking and education Join us with Karen Rands as she unpacks Part 2 of her scale tale and shows how founders can align strategy, storytelling, and investor psychology to access capital and how leaders can build wealth by investing with purpose, passion, and profit. 🏆𝐀𝐫𝐞 𝐲𝐨𝐮 𝐚 𝐏𝐌𝐏? 𝐄𝐚𝐫𝐧 𝐘𝐨𝐮𝐫 𝐏𝐃𝐔𝐬 𝐟𝐫𝐨𝐦 𝐭𝐡𝐢𝐬 𝐩𝐨𝐝𝐜𝐚𝐬𝐭! 👉View this Episode's Full Show Notes at ScaleTalesPodcast.com. © Copyright 2025. Scale Tales is an Equilibria, Inc. podcast. We're dedicated to providing resources to support founders, leaders, and project managers of fast-growing organizations in scaling back-office operations without pain and chaos. Visit our website to learn more.