How We Raised $4.2 Million With No Product

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----------------------------------------------------------------------------------------------------------------------------📚 NETWORK BEFORE YOU NEED IT (6 LESSONS THAT MADE SEAN $15M)----------------------------------------------------------------------------------------------------------------------------▶ Get my eBook free - https://welivetobuild.com/network-----------------------------------📈 WORK WITH ME-----------------------------------▶ Buy 300 Lessons From 300 Founders: https://welivetobuild.com/300-lessons-ebook▶ Book a Paid Advisory Session: https://welivetobuild.com/book-a-call▶ Startup Fundraising: https://welivetobuild.com/fundraising▶ Sponsor the Channel: https://www.welivetobuild.com/sponsorship---------------------------------------------👀 CONNECT WITH SEAN---------------------------------------------▶ LinkedIn: https://linkedin.com/in/seanweisbrot▶ Inquiries: [email protected]🕒 CHAPTERS---------------------------00:00 - Raising a $4.2M Seed Round in 3 Months (With No Product)04:46 - The 2 Things You Need to Raise Money With an Idea08:39 - The "Hint of Hesitation" VCs Have for India-Based Founders12:51 - The VC Mindset: 10% Chance at a Billion vs. 100% at $100M16:59 - Why VCs Will Never Give You Honest Feedback21:00 - Why Conversational AI Is a Bad User ExperienceLeave a Review (it truly helps us grow): https://welivetobuild.com/review Hosted on Acast. See acast.com/privacy for more information.