The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
20VC: Why Founder Mode is Dangerous & Could Encourage Bad Behaviour | Why Fundraising is a Waste of Time & OKRs are BS | Why Angel Investing is Bad for Founders to Do and the VC Model is on it's Last Legs with Zach Perret @ Plaid
Zach Perret
We don't want it to be a surprise. So we did it, and everybody walked away from that, except for these three people, all named Justin. And they invested a collective $60K in the company. It kept us alive. They invested $60K, maybe $2.5 million valuation. That was the lifeline we needed to sustain until we could get to some customers that were actually using it.
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