Ep- 3 Father-Son duo raise $2.5 Million Seed Round solely through warm intros - Romil Verma, CEO, Outdefine

Are you a founder struggling to raise capital in the current market? Look no further! In our latest episode of Fundraising Demystified, host Jason Kirby interviews Romil Verma, co-founder and CEO of Outdefine, who shares his experience of raising a $2.5 million seed round solely off of warm introductions. Here are some of the main topics discussed in the episode: - The strategic decision to delay the fundraising announcement - Building a company with his father - Tips for fundraising success, including the importance of warm introductions and establishing a strong network - Balancing fundraising and execution during the company's growth - Key lessons learned about navigating a seed round And here are some of the key takeaways from the discussion: - Mental preparation is crucial when navigating the fundraising process - Delaying funding announcements can be strategic for startups - Valuations are a vanity metric; focus on creating a coherent story and strategy around the amount of capital needed to survive - Investors are now looking for capital-efficient and financially responsible businesses The podcast equips entrepreneurs with the knowledge and inspiration to conquer the fundraising landscape. So, whether you're a first-time founder or a seasoned entrepreneur, this episode is a must-listen. If you're interested in learning more about Romil's experience or want to connect with him directly, he encourages you to reach out to him on LinkedIn, or email. Links mentioned: Outdefine website: https://outdefine.com Write to Romil at [email protected] Hosted by Jason Kirby - https://www.linkedin.com/in/jasonrkirby/ Thunder website - https://thunder.vc Email Jason at [email protected] Thank you for tuning in to Fundraising Demystified. Stay tuned for more episodes featuring founders and investors sharing their stories and insights.