“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
How I Invest with David Weisburd · E438: Will Robbins on Elon Musk, AI & the Future of Silicon Valley
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raised $4 million seed round, then spent only $800 k on building a fully-featured AI-powered software product
$4 million raised, $800 k spent
“We raised our first round $2 million pre-seed in 30 days on a strategy. 30 days. Yeah, it was pretty quick.”
“We raised 5.2 million in our seed series… the vision is that we're building a tech company that will make the overwhelming majority of our money from relationships with enterprises.”
“They were developing engineering software… realized value in plugging that into an insurance underwriting marketplace… raise $5 million”
“I've seen $800 million companies literally never have an agreement with their customers or suppliers... having agreements with everybody builds value.”
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