“He raised $4 million and spent $800 k building a fully featured product thanks to cheap AI coding models.”

How I Invest with David Weisburd · E438: Will Robbins on Elon Musk, AI & the Future of Silicon Valley

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What was described

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

Said nearby on the same subject

“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 they work $2 million; 30 days Share this moment
“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.”
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Said on Freakonomics Radio
Business model $5.2 million seed round Share this moment
“They were developing engineering software… realized value in plugging that into an insurance underwriting marketplace… raise $5 million”
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Said on Equity
Business model $5 million raise; launched within a year Share this moment
“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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Said on Entrepreneurs on Fire
How they work Share this moment

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