BETWEEN THE CHECKBOOKS

Why the Smartest Startups Leverage Both Angel Investors and VCs—with Help From The Founder’s Chair

In the world of startup funding, entrepreneurs often find themselves stuck in a familiar place—past the idea stage, with some traction, maybe a pilot client or two, and a clear vision of where they want to go. But they’re not quite big enough for traditional venture capital, and friends and family funding has run its course.

This in-between stage can be both exciting and frustrating. You have something real—but scaling it requires the kind of capital and guidance that isn’t always easy to access.

That’s where The Founder’s Chair (TFC) comes in.

Understanding the Two: Angels and VCs

To appreciate TFC’s role, let’s first unpack the two main players in early-stage funding:

  • Angel investors are usually successful entrepreneurs or high-net-worth individuals investing their personal capital. They’re early believers—jumping in based on vision, grit, and gut instinct. They invest in the possibilityof your company.

  • Venture capitalists (VCs), by contrast, are typically fund managers investing on behalf of institutions. They join later—when there’s data, revenue, or strong user growth. They invest in the scalability of your company.

Angels can move quickly, provide valuable mentorship, and give founders breathing room to build. VCs bring larger checks, high-growth expectations, and access to expansive networks—but often at the cost of greater control and higher pressure for an exit.

So what happens between those two stages?

The “In-Between” Moment: Where TFC Does Its Best Work

At The Founder’s Chair, we’ve built a community and platform specifically designed to help founders thrive in this often-overlooked in-between zone.

We do three key things:

  1. Curate Angel Investors Who Act Like Strategic Partners
    Our angels don’t just write checks—they roll up their sleeves. These are seasoned operators who align their interests with the companies they back. Many have been in the founder’s shoes and offer far more than capital.
  2. Bridge to VC the Right Way
    Through our relationships with venture firms, we help founders prep for what comes next—whether it’s refining your pitch, validating your model with angel funding, or getting warm introductions to VCs once the timing is right.
  3. Match Founders and Funders in Real Life
    Our in-person events aren’t just networking mixers. They’re intentional spaces where vetted founders and experienced funders meet, learn, and—when it’s right—partner. We’ve already helped founders raise millions through these engagements.

Choosing the Right Capital at the Right Time

The decision between angel and VC funding isn’t binary—it’s a sequence. The smartest entrepreneurs today are thinking in terms of capital strategy, not just capital access.

Here’s how we help founders think through that strategy:

  • Are you refining your product and go-to-market? Angel investors might be ideal.

  • Do you need more than money—like mentorship, feedback, and connections? Our network was built for that.

  • Is your next big leap going to need institutional-level support? We can help get you VC-ready with the right story, metrics, and momentum.

And for investors—whether you’re an angel seeking high-potential founders or a VC firm looking for well-prepared, capital-efficient companies—we serve as a trusted filter and amplifier.

The Founder’s Chair: Built for the “Messy Middle”

Some of the most promising startups don’t neatly fit into a fundraising category. That’s exactly why The Founder’s Chair exists. We fill the gap between idea and institution—between “getting started” and “ready to scale.”

If you’re a founder wondering what type of capital is right for your next phase, or an investor looking to align with startups at just the right inflection point—TFC is the place where that connection happens.

Let’s build what’s next—together.

Est. 1919 · Des Moines, Iowa

HOTEL FORT DES MOINES

A century of stories, one remarkable address

Famous Guests
Scandals & Secrets
Firsts & Innovations
The Beginning
1922
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1922

Helen Keller rang in the New Year here, staying at the hotel while in Des Moines for performances over New Year's Eve.

1927
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1927

Babe Ruth and Lou Gehrig had breakfast here before an exhibition game. Two of baseball's greatest, at the same table, in Des Moines.

1927
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1927

Charles Lindbergh hosted a banquet here after his famous transatlantic flight. The menu featured boneless squab — reportedly a rare Des Moines delicacy at the time.

1933
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1933

Amelia Earhart visited the hotel to speak about her solo flight across the Atlantic — a rare chance for Iowans to hear her story firsthand.

1947
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1947

Mae West stayed here during her performance of "Come on Up" at the KRNT Radio Theater. One imagines she made an impression on the staff.

1959
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1959

Soviet Premier Nikita Khrushchev occupied the Presidential Suite during the height of the Cold War. This hotel has seen history made.

1960
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1960

JFK, LBJ, and Hubert Humphrey all attended dinner here and held a meeting on farm policy — three future or sitting presidents under one roof.

1980
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1980

Elizabeth Taylor stayed here during a Des Moines appearance. Hollywood glamour, right here in the heartland.

1980
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1980

Elizabeth Taylor stayed here during a Des Moines appearance. Hollywood glamour, right here in the heartland.

2003
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2003

Cher requested her own personal mattress be placed in room #1025. The hotel obliged. Room 1025 has never quite been the same.

2008
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2008

Barack Obama and Hillary Clinton both stayed here during the Iowa caucuses — rivals for the presidency, sharing the same address for a night.

1939
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1939

Police raided the Log Cabin Room on the 11th floor, seizing liquor and gambling equipment. The tip reportedly came from the men's own wives.

1927
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1927

When Lindbergh dined here post-transatlantic flight, he reportedly insisted on serving boneless squab, an extravagance that raised eyebrows across Iowa.

1959
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1959

The FBI monitored Khrushchev's stay closely. Guests on nearby floors reportedly had no idea who was sleeping down the hall.

1971
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1971

President Nixon greeted supporters in the lobby during his stay — a reminder that this hotel has always been where Iowa's political drama plays out.

1919
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1919

When it opened, every single room had a bathtub, purified chilled circulating water, and a window. Unheard of luxury for its era.

1938
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1938

The hotel announced the first air-conditioned guest room in Des Moines, a genuine technological milestone that made front-page news.

1953
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1953

100 rooms received TV sets in what was reportedly the largest single installation of televisions in Iowa at the time. The fee to operate yours? 25 cents.

1982
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1982

Governor Terry Branstad nominated the hotel to the National Register of Historic Places, cementing its place in Iowa's official history.

1919
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1919

The hotel opened on July 15, 1919, built for approximately $1.5 million and designed by the architectural firm Proudfoot, Bird & Rawson.

1919
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1919

Its opening was a statement of ambition: every room had a private bathtub, purified water, and a window. In 1919, this was genuinely extraordinary.

1974
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1974

Ronald Reagan attended WHO Radio's 50th anniversary celebration at the hotel, proof that Fort Des Moines has always been Iowa's premier gathering place.

2021
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2021

After major renovations, the hotel reopened as part of the Curio Collection by Hilton, a century of history, restored for the next hundred years.