“We raised our first round $2 million pre-seed in 30 days on a strategy. 30 days. Yeah, it was pretty quick.”
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Said on How I Invest with David Weisburd
Closing Bell · Closing Bell 10/20/26
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raised $150 million at the top of its price range on the first day of trading
$150 million raised
“We raised our first round $2 million pre-seed in 30 days on a strategy. 30 days. Yeah, it was pretty quick.”
“The average return has been 8.2. But if you miss just the top 10 trading days in 20 years, it drops down to 4.5. If you miss the top 20 trading days … it drops to 2.1.”
“Moving too fast... cut staff right away and they raise prices before they do anything to better the service... we try to do the opposite and we invest in the people first”
“We wound up raising almost five million in the first fund.”
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