{"version":"1.0","type":"rich","provider_name":"Acast","provider_url":"https://acast.com","height":250,"width":700,"html":"<iframe src=\"https://embed.acast.com/$/63d3ad1a963ae60011f9ff7f/67b0a05df7ed892410cef841?\" frameBorder=\"0\" width=\"700\" height=\"250\"></iframe>","title":"How We Raised $4.2 Million With No Product","description":"<p>How We Raised $4.2 Million With No Product. In this interview, Thesys co-founder Rabi Guha explains how he and his co-founder successfully raised a $4.2 million seed round in just three months with only an idea. He reveals the two critical factors for their success: a strong founder-market fit from years of industry experience, and a powerful network that provided the \"warm intros\" that VCs prioritize. Rabi also shares his advice for aspiring founders on why you should work in a corporate job first to learn how the world works, but remember that \"jumping out is going to be the hard part\". Finally, he explains the venture capital mindset: VCs would rather have a 10% chance at a billion-dollar company than a 100% chance at a hundred-million-dollar one. Check out the company: https://thesys.dev</p><p><br></p><p>----------------------------------------------------------------------------------------------------------------------------</p><p>📚 NETWORK BEFORE YOU NEED IT (6 LESSONS THAT MADE SEAN $15M)</p><p>----------------------------------------------------------------------------------------------------------------------------</p><p>▶ Get my eBook free - https://welivetobuild.com/network</p><p><br></p><p>-----------------------------------</p><p>📈 WORK WITH ME</p><p>-----------------------------------</p><p>▶ Buy 300 Lessons From 300 Founders: https://welivetobuild.com/300-lessons-ebook</p><p>▶ Book a Paid Advisory Session: https://welivetobuild.com/book-a-call</p><p>▶ Startup Fundraising: https://welivetobuild.com/fundraising</p><p>▶ Sponsor the Channel: https://www.welivetobuild.com/sponsorship</p><p><br></p><p>---------------------------------------------</p><p>👀 CONNECT WITH SEAN</p><p>---------------------------------------------</p><p>▶ LinkedIn: https://linkedin.com/in/seanweisbrot</p><p>▶ Inquiries: welivetobuild@gmail.com</p><p><br></p><p>---------------------------</p><p>🕒 CHAPTERS</p><p>---------------------------</p><p>00:00 - Raising a $4.2M Seed Round in 3 Months (With No Product)</p><p>04:46 - The 2 Things You Need to Raise Money With an Idea</p><p>08:39 - The \"Hint of Hesitation\" VCs Have for India-Based Founders</p><p>12:51 - The VC Mindset: 10% Chance at a Billion vs. 100% at $100M</p><p>16:59 - Why VCs Will Never Give You Honest Feedback</p><p>21:00 - Why Conversational AI Is a Bad User Experience</p>","author_name":"Sean Weisbrot"}