How He Turned 3 YC Rejections into a $25M AI Governance Company | Nam Nguyen, TruthSystems (YC S25) episode artwork

EPISODE · Mar 26, 2026 · 25 MIN

How He Turned 3 YC Rejections into a $25M AI Governance Company | Nam Nguyen, TruthSystems (YC S25)

from Founders in Motion with Thea Ngo · host Thea Ngo

Nam got told to come back in 5 years by major law firms. A year later he was YC-backed, had raised $4M in 48 hours, and was serving some of the biggest law firms in the world. But the harder story is what it took to get there, January in Poland, rejections piling up, a parental deadline looming, and 20 something selling AI governance to people with decades of experience.We talk about how to sell to the most risk-averse buyers in the world, why their first customer came from a cold LinkedIn comment, what actually changed between YC application #1 and #4, and why speed alone is no longer a startup advantage.For: early-stage founders, legal tech builders, aspiring YC applicants, anyone who's been told they're too early.If this episode helped you, leave a review on Apple Podcasts or follow on Spotify so you never miss an episode. It takes 30 seconds and it's how the next founder finds us.CHAPTERS0:00 - Intro5:16 - Selling as a 21-Year-Old7:07 - First Customer13:12 - The YC Journey15:05 - The Fundraising Sprint18:12 - Hardest Founder MomentFOLLOW US⁠⁠⁠⁠https://www.youtube.com/@FoundersInMotion⁠⁠⁠⁠⁠⁠⁠⁠https://www.instagram.com/thea.yaps⁠⁠⁠⁠⁠⁠⁠⁠https://www.tiktok.com/@foundersinmotion⁠⁠⁠⁠⁠⁠⁠⁠https://www.linkedin.com/in/theango/⁠⁠⁠⁠Hosted by Thea Ngo, a Wharton grad, venture capital investor, and (your new favorite?) interrogator behind Founders in Motion. Subscribe for the stories that don't make the headlines yet.Subscribe for the insider playbook on building companies, growth tactics, and founder stories.

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How He Turned 3 YC Rejections into a $25M AI Governance Company | Nam Nguyen, TruthSystems (YC S25)

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