EPISODE · Mar 26, 2026 · 39 MIN
Alex Bazzell – How Bessemer Found Unrivaled & Wrote a $35M Term Sheet Overnight | Ep 60
from Funded | How They Raised Millions · host Jason Yeh
On this episode of Funded, Alex Bazzell, co-founder of Unrivaled, shares how he went from training NBA players to building one of the most talked-about new sports leagues in the country — and convincing investors to bet on it before a single game was played. He talks about getting passed on by VCs who invested in women's sports, what it felt like to fundraise without a prior exit or operator background, and how being completely not in fundraising mode turned out to be his biggest advantage. Then, mid-season, Bessemer Venture Partners — backers of LinkedIn, Shopify, and Twilio — came knocking unsolicited and delivered a term sheet the very next morning. It's a real look at what happens when deep belief, hard work, and the right timing collide.
What this episode covers
On this episode of Funded, Alex Bazzell, co-founder of Unrivaled, shares how he went from training NBA players to building one of the most talked-about new sports leagues in the country — and convincing investors to bet on it before a single game was played. He talks about getting passed on by VCs who invested in women's sports, what it felt like to fundraise without a prior exit or operator background, and how being completely not in fundraising mode turned out to be his biggest advantage. Then, mid-season, Bessemer Venture Partners — backers of LinkedIn, Shopify, and Twilio — came knocking unsolicited and delivered a term sheet the very next morning. It's a real look at what happens when deep belief, hard work, and the right timing collide.
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Alex Bazzell – How Bessemer Found Unrivaled & Wrote a $35M Term Sheet Overnight | Ep 60
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