[00:17] (17.28s)
Dude, I have no idea how it got so messy
[00:19] (19.68s)
in here, bro. Yeah, but pretty crazy.
[00:22] (22.80s)
We're actually going to be starting to
[00:24] (24.56s)
fund raise actually. And the goal is to
[00:26] (26.72s)
raise a million and that will allow us
[00:29] (29.28s)
to get a couple key hires in and
[00:31] (31.36s)
different things like that. But if you
[00:34] (34.32s)
watch the last video, you know that our
[00:35] (35.76s)
startup Clova recently went viral on
[00:37] (37.52s)
Twitter. So it got about like 700,000
[00:39] (39.60s)
views on there. It got 200k on threads
[00:42] (42.08s)
and it got like 100k on Instagram. So
[00:44] (44.32s)
basically now I think we have found
[00:46] (46.40s)
something that we know that we can build
[00:47] (47.92s)
out that people will actually like. And
[00:49] (49.92s)
now I definitely need to move fast
[00:51] (51.60s)
because the space is getting competitive
[00:53] (53.84s)
really quickly already. need more
[00:55] (55.36s)
engineers, need more people to just
[00:57] (57.36s)
really get this going and obviously also
[00:58] (58.96s)
riding the momentum right of the viral
[01:00] (60.64s)
post. But you know what's really crazy,
[01:02] (62.00s)
Ryan, is just that if you told me two
[01:05] (65.36s)
weeks ago, remember two weeks ago, we
[01:06] (66.88s)
still weren't even sure what we're
[01:08] (68.00s)
building. Yeah, we have like a builder
[01:10] (70.88s)
check from Fink and we were like, "Okay,
[01:12] (72.56s)
this is pretty cool. We're going to
[01:14] (74.32s)
start keep building with this and off
[01:16] (76.40s)
side projects and two weeks later now
[01:17] (77.76s)
we're going to be fundraising." I try to
[01:19] (79.28s)
be as authentic as possible and try to
[01:21] (81.44s)
share as much as possible, not just a
[01:23] (83.36s)
good and a bad. So, I'll take you guys
[01:25] (85.20s)
with me on this fundraising journey.
[01:26] (86.96s)
Even if it doesn't go well, I'll still
[01:30] (90.00s)
share the stuff of why it's not going
[01:31] (91.60s)
well. But we'll see, man. We'll see how
[01:33] (93.28s)
the fundraising process goes. Just got
[01:35] (95.60s)
to lock in now since there's so much
[01:37] (97.52s)
stuff going on. And Ryan's going to be
[01:39] (99.84s)
focused on coding while I'm focused on
[01:41] (101.20s)
fundraising. And hopefully we can get to
[01:42] (102.96s)
the next level soon.
[01:46] (106.61s)
[Music]
[01:57] (117.12s)
been fundraising this week and just been
[02:01] (121.28s)
pitching, man. Like a lot of pitches
[02:03] (123.44s)
lined up every day. Just calls after
[02:05] (125.28s)
calls after calls and I I mean, this is
[02:07] (127.92s)
my first time fundraising and I'm I'm
[02:09] (129.52s)
really seeing why people say fundraising
[02:11] (131.60s)
is a full-time job and really trying to
[02:13] (133.68s)
get this round closed soon because it is
[02:15] (135.44s)
a massive distraction. like I want to
[02:18] (138.08s)
work on YouTube to do, you know, to to
[02:20] (140.32s)
make more content. I want to do more
[02:21] (141.84s)
growth. I want to be coding, but this
[02:23] (143.60s)
fundraising just takes up so much of
[02:25] (145.60s)
your time, but also at the same time is
[02:27] (147.92s)
something that needs to be done, right?
[02:29] (149.60s)
Because we need more hands, man. Like
[02:31] (151.92s)
Ryan and I were working all day 24/7,
[02:34] (154.08s)
but there's only so much output we can
[02:36] (156.56s)
produce. Just having a couple extra team
[02:38] (158.56s)
members would just be extremely helpful
[02:39] (159.76s)
for us to just move things faster and
[02:41] (161.68s)
scale things up, right? But what is
[02:43] (163.84s)
really interesting about fundraising,
[02:45] (165.60s)
I've been talking to a lot of founders
[02:47] (167.36s)
here and myself and be like experiencing
[02:50] (170.64s)
about this is to manage your emotions.
[02:53] (173.36s)
It's a very very challenging thing
[02:55] (175.04s)
because when you're pitching you go up
[02:56] (176.64s)
and down a lot, your emotions and I
[02:58] (178.24s)
think that is how people get crushed
[02:59] (179.76s)
when they fundra because you don't know
[03:01] (181.04s)
what's going on. Next thing you know, a
[03:02] (182.32s)
deal can fall through. Maybe you thought
[03:03] (183.52s)
you had a good conversation but maybe
[03:05] (185.20s)
they actually weren't interested at all
[03:06] (186.96s)
because in a VC's perspective in their
[03:09] (189.20s)
in their eyes, why would they ever be
[03:10] (190.48s)
mean to you, right? Why would they ever
[03:11] (191.60s)
disagree to you? disagree with you.
[03:12] (192.96s)
There's no interest for them on that
[03:14] (194.24s)
part. So, as I talk to more founders
[03:17] (197.44s)
too, what I realize that is your
[03:19] (199.92s)
emotions will always go up and down.
[03:21] (201.28s)
That's just how it is. And the key thing
[03:23] (203.12s)
I think a lot of times we think about is
[03:24] (204.56s)
like, okay, well, just don't go up and
[03:26] (206.16s)
down. But instead of think about as in
[03:28] (208.24s)
like not going up and down, it's about
[03:29] (209.68s)
how to minimize it. So, just lining up
[03:31] (211.68s)
these calls and keep going with this.
[03:33] (213.52s)
Just trying to get this done as quickly
[03:34] (214.72s)
as possible to get back to building
[03:35] (215.84s)
product.
[03:40] (220.00s)
Go ahead. Sure. Uh, I'm Davis. The Greg
[03:44] (224.24s)
event, Greg Iceber event just happened.
[03:46] (226.40s)
Unfortunately, I missed most of it just
[03:48] (228.40s)
because so slam with fundraising,
[03:50] (230.96s)
everything going on. And honestly, I
[03:52] (232.24s)
haven't been recording much either. Just
[03:53] (233.52s)
been super super busy trying to get this
[03:55] (235.68s)
round closed. But basically, uh, it was
[03:57] (237.92s)
a good event, man, for Con and him talk
[04:00] (240.56s)
a lot about content, the classic stuff,
[04:02] (242.96s)
and a lot of big show out. It's pretty
[04:04] (244.72s)
crazy, too. Like, Greg had like a whole
[04:06] (246.16s)
camera crew with him and basically
[04:08] (248.48s)
recording everything. I think they're
[04:09] (249.60s)
making a little documentary. So, really
[04:10] (250.96s)
cool stuff. On the side note, if you
[04:13] (253.36s)
want to work with a cool videographer,
[04:15] (255.60s)
I'll be a filmmaker. I hardcore need a
[04:17] (257.36s)
new phone, bro.
[04:19] (259.28s)
You're hiring. Oh [ __ ] Yo, bro. 100 to
[04:24] (264.12s)
$150,000. 5 to 1.5% equity in a VC fund.
[04:28] (268.24s)
I don't give a [ __ ] if it's a
[04:29] (269.28s)
documentary. If you tell stories, I want
[04:31] (271.04s)
to hear them. You understand
[04:32] (272.68s)
me? I'm hiring people. I I need another
[04:35] (275.60s)
person. It'll be between It'll be
[04:37] (277.36s)
between a hundred and $150,000 a year.
[04:39] (279.76s)
But that's not why you do this. You do
[04:41] (281.12s)
this to tell stories. The best the best
[04:43] (283.36s)
photographer in SF, bro. Don't call me
[04:45] (285.36s)
dude. Stop saying that. Best film. Thank
[04:54] (294.64s)
So, we just closed 100K today, right?
[04:56] (296.72s)
Hell yeah. Crazy, man. Today was
[04:59] (299.36s)
definitely a good day. I think the whole
[05:01] (301.12s)
theme about this vlog about fundraising
[05:02] (302.56s)
is that emotion just going up and down a
[05:04] (304.16s)
lot, right? So today's definitely an
[05:05] (305.76s)
update though. So trying to not get too
[05:07] (307.76s)
excited too as well since obviously job
[05:09] (309.68s)
is far from done and the angel is
[05:11] (311.36s)
actually someone who's uh pretty uh
[05:14] (314.80s)
pretty badass person, you know. Got 100K
[05:17] (317.12s)
in now. So finally got uh the first two
[05:20] (320.56s)
main checks. Now hopefully momentum just
[05:22] (322.96s)
keeps on rolling because I think a lot
[05:25] (325.28s)
of times like people say with
[05:26] (326.24s)
fundraising the first check is always
[05:28] (328.16s)
the hardest since most of the time all
[05:31] (331.44s)
the VCs are kind of just like like that.
[05:33] (333.36s)
Yeah. You ever see that Spider-Man meme,
[05:34] (334.72s)
Ryan? You know when they go? Yeah. Were
[05:35] (335.92s)
they pointing each other? Like, who's
[05:37] (337.68s)
going to go first? So, we don't have
[05:39] (339.60s)
like a lead investor yet, but at least
[05:41] (341.76s)
we have a couple of these checks coming
[05:43] (343.12s)
in. So, got to keep it pushing. Keep
[05:45] (345.60s)
doing meetings. And dude, I don't think
[05:48] (348.48s)
I ever gotten this many calls in a week
[05:50] (350.08s)
before. Yo, that's
[05:52] (352.28s)
defin tough, man. They're they're not
[05:54] (354.24s)
easy calls either. You got to be locked
[05:55] (355.52s)
in talking about it. They they take a
[05:57] (357.52s)
lot of energy. But I talked to Ryan
[05:59] (359.12s)
about this, too, for a couple days. Not
[06:01] (361.20s)
going to lie, I was kind of complaining
[06:02] (362.00s)
about fundraising just cuz I want to
[06:03] (363.12s)
work on products so much that I am done
[06:05] (365.36s)
complaining about this now. So, the new
[06:07] (367.44s)
me, I'm gifying the game, trying to get
[06:09] (369.60s)
as meeting as many meetings as possible
[06:11] (371.92s)
and hopefully we have a big fund coming
[06:20] (380.40s)
Pre-in right now, Ryan. Yep. Yeah. So,
[06:24] (384.00s)
basically, right now, we are at uh the
[06:27] (387.28s)
A16Z office outside of it. We're
[06:29] (389.76s)
actually going to be pitching to one of
[06:30] (390.96s)
the GPS about speedrun today. So that's
[06:32] (392.96s)
like the accelerated program they have.
[06:35] (395.04s)
Uh basically what happened was our post
[06:37] (397.68s)
went viral, right? And we have a lot of
[06:39] (399.76s)
inbound and stuff and obviously founders
[06:41] (401.36s)
in help us reach out to a couple people
[06:43] (403.52s)
and they saw the post. So they were
[06:45] (405.44s)
interested actually invited us to go
[06:46] (406.96s)
pitch in person with them right now.
[06:48] (408.72s)
Been preparing for this a little bit.
[06:49] (409.92s)
But also like to be frankly I'm just so
[06:51] (411.60s)
focused on like customers right now.
[06:52] (412.88s)
Really want to get this done and it is
[06:54] (414.72s)
pretty interesting cuz fundraising is a
[06:56] (416.72s)
uh something I haven't really done
[06:58] (418.32s)
before. I just kind of want to as an
[07:00] (420.08s)
entrepreneur really want to just focus
[07:01] (421.20s)
on the product and work on it. But this
[07:02] (422.72s)
is also something that's needed, right?
[07:04] (424.00s)
If I have more cash and we get more
[07:05] (425.36s)
people, more things going. So kind of
[07:07] (427.20s)
going through this loop right now. So
[07:08] (428.48s)
about to go pitch for them right now. Do
[07:10] (430.72s)
I feel nervous? I guess that's probably
[07:12] (432.40s)
what people are wondering. Yeah, I think
[07:14] (434.72s)
you used to be nervous because we didn't
[07:16] (436.56s)
have a lot of traction, you know, but
[07:18] (438.00s)
now I got to realize that like I
[07:19] (439.36s)
actually have traction. We have a post
[07:20] (440.96s)
that got 700k views and we have users
[07:23] (443.68s)
and we have people uploading videos and
[07:25] (445.68s)
people trying out the product. Also, I'm
[07:27] (447.84s)
not nervous because you can't have
[07:29] (449.12s)
scarcity mindset. And the truth is that
[07:31] (451.44s)
there are more VCs out there. There are
[07:33] (453.28s)
more money out there in tech. And
[07:35] (455.28s)
thinking that way, having scarcity
[07:36] (456.96s)
mindset is never the right way to do it.
[07:38] (458.16s)
Just got to go in and just have a nice
[07:39] (459.84s)
conversation and we'll see what happens.
[07:48] (468.48s)
All of a sudden, you're back. Yo, how
[07:51] (471.52s)
you been, bro? Been good, man.
[07:55] (475.30s)
[Laughter]
[07:57] (477.04s)
How many How many months were you gone
[07:58] (478.24s)
for? Uh about 5 months. You just flew to
[08:00] (480.72s)
Mexico? Yeah. Was in Mexico City for the
[08:03] (483.52s)
whole time. Me and this guy, we were
[08:05] (485.04s)
literally here all day for the whole
[08:08] (488.00s)
month of December or what? All day,
[08:09] (489.52s)
every day, holidays, seven days a week
[08:12] (492.16s)
and then he just disappeared one day. He
[08:13] (493.52s)
was like, I'm going to Mexico. And he
[08:14] (494.88s)
just went for 5 months and did nomad
[08:16] (496.40s)
there to build a startup and just left
[08:17] (497.60s)
me and Ryan at dust, man. No, I wouldn't
[08:19] (499.84s)
say that. Clover to the moon. meta
[08:22] (502.32s)
engineer, quit his job, went full-time
[08:24] (504.24s)
building a startup. What are you working
[08:25] (505.28s)
on now, bro? Right now, I'm working on a
[08:26] (506.96s)
Head Hunter agent. Uh, we just launched
[08:28] (508.88s)
like a prototype on Saturday. So, I'm
[08:30] (510.40s)
getting feedback from a handful of
[08:31] (511.60s)
recruiters, and they could use it to get
[08:33] (513.20s)
better at their job. And founders can
[08:34] (514.88s)
also use it to do their own kind of
[08:36] (516.88s)
outbound sourcing. When you when you
[08:38] (518.40s)
leaving again, dude, you can't you can't
[08:39] (519.60s)
leave this time. You're stuck with me
[08:41] (521.28s)
now, bro. I'll be I'll be in the Bay for
[08:42] (522.64s)
like two weeks and then what? Going back
[08:44] (524.00s)
to uh Mexico after uh see some fam, then
[08:46] (526.96s)
back to Mexico. Bro, we in love with
[08:48] (528.40s)
that place now, bro. This is that indie
[08:50] (530.32s)
life right there, bro. empty hacker like
[08:52] (532.08s)
you got all that freedom, bro. I'm
[08:53] (533.44s)
jealous.
[09:02] (542.32s)
What are you working on? Not
[09:04] (544.92s)
fundraising. No, I'm actually uh working
[09:07] (547.76s)
on making a new website right now. I'm
[09:09] (549.76s)
actually not coding up this time just
[09:11] (551.36s)
because I realized that my design skills
[09:13] (553.76s)
are honestly so garbage, right? And
[09:15] (555.68s)
that's something I do want to get better
[09:17] (557.76s)
at. So, I'm actually using uh Framer to
[09:21] (561.04s)
make this website because a lot of
[09:22] (562.80s)
founders here also use Framer and I
[09:25] (565.84s)
really like some of the templates and a
[09:27] (567.44s)
couple of the founders just gave me a
[09:28] (568.48s)
crash course and I just been messing
[09:30] (570.00s)
around with it. It looks pretty sick. If
[09:31] (571.28s)
you see right now, like right now, not
[09:33] (573.20s)
going to lie to you, Ryan, our landing
[09:34] (574.96s)
page is trash. Yeah. And I think it's
[09:39] (579.04s)
just because of my poor design skills.
[09:42] (582.24s)
So, I'm going to remake that right now
[09:43] (583.60s)
because I think that's really, really
[09:44] (584.72s)
important. Plus, we're actually not
[09:46] (586.24s)
going to be really focusing on a desktop
[09:48] (588.56s)
anymore. We're going to be focused on
[09:50] (590.40s)
making a mobile app for this idea.
[09:52] (592.88s)
That's part of a good thing I think of
[09:55] (595.28s)
launching without a weight list. We're
[09:56] (596.80s)
able to get a lot of data, right, that
[09:58] (598.24s)
we have talked about. I also like to
[09:59] (599.76s)
kind of get some like website ideas, I
[10:01] (601.92s)
guess, or like um advice of what you
[10:04] (604.00s)
guys can think be better. So, I'll
[10:05] (605.28s)
probably also like record a quick little
[10:06] (606.88s)
screen recording. This is kind of the
[10:08] (608.24s)
site I have. I basically just took this
[10:10] (610.00s)
template and the idea, you know, with
[10:12] (612.24s)
our idea. Now, we're kind of be going to
[10:13] (613.60s)
be focused on like being like the best
[10:14] (614.88s)
vibe editor on your phone. What I do
[10:17] (617.36s)
like a lot about Framer is that there's
[10:20] (620.40s)
a lot of these like pre-made sections
[10:22] (622.24s)
already and a lot of these icons are
[10:23] (623.76s)
very like creative. I do already like
[10:26] (626.08s)
this minimalistic look. But if you guys
[10:28] (628.08s)
have any suggestions, just like let me
[10:29] (629.92s)
know too because try to launch this like
[10:32] (632.00s)
as soon as possible. But also, Framer is
[10:34] (634.08s)
actually also the sponsor for this
[10:36] (636.16s)
video. But like always, I would never
[10:39] (639.20s)
take a sponsor if it's not a brand that
[10:41] (641.12s)
I would use myself, right? And please,
[10:43] (643.12s)
please give me some critique on my
[10:44] (644.88s)
website so I can make it better. Thanks,
[10:51] (651.72s)
guys. How's the code coming, man?
[10:55] (655.52s)
Good. It's moving. Trying to get the
[10:58] (658.08s)
rough cuts to
[11:00] (660.24s)
uh work properly.
[11:02] (662.56s)
It's not as good as you expected, you
[11:03] (663.92s)
see? for this one. Yeah. But it's
[11:06] (666.24s)
fixable. When it comes out and it's not
[11:08] (668.24s)
what you expected, it's not a good
[11:09] (669.76s)
feeling.
[11:11] (671.28s)
I didn't expect it to work to be honest
[11:12] (672.88s)
with you. Yeah. So, I just been holding
[11:14] (674.40s)
this down, man. It's uh it's pretty
[11:16] (676.24s)
tough, man. You've been so busy with the
[11:17] (677.84s)
the fundraising talks and everything,
[11:19] (679.28s)
but uh we have so many users trying to
[11:21] (681.52s)
use the product and we got to push
[11:22] (682.96s)
updates for it. But I feel I feel bad,
[11:25] (685.12s)
man. You just been in here like 12 hours
[11:26] (686.88s)
a day in this room. I mean, we go to FA,
[11:29] (689.28s)
actually. Maybe when I think sometimes,
[11:30] (690.40s)
but sometimes it's science just to work
[11:31] (691.76s)
from home. Kind of peace and quiet,
[11:33] (693.12s)
hacking away at it, dude. So, you're
[11:35] (695.04s)
working on making the rough cuts better
[11:36] (696.48s)
right now cuz it's a little bit off or
[11:37] (697.52s)
what? Yeah, it's a little bit off, but
[11:39] (699.68s)
no, I I think it's something we can't
[11:41] (701.20s)
fix, dude. This is why I like don't like
[11:42] (702.80s)
fundraising cuz like I just feel you
[11:45] (705.36s)
just been in here like going at it. I
[11:47] (707.92s)
want to be there with you, man. I want I
[11:49] (709.84s)
want to be there coding with you, dude.
[11:51] (711.20s)
Can't happen. That's right. Don't worry
[11:52] (712.32s)
about me, man. I'm holding it down.
[11:53] (713.28s)
Wait, no. No EMV keys, right? There's
[11:54] (714.64s)
nothing. Oh, yeah. There's only logs
[11:56] (716.32s)
right there. So, logs coding just takes
[11:58] (718.08s)
time, man. But this time we're really
[11:59] (719.52s)
trying to do it right because last time
[12:00] (720.64s)
we paid the price. We did a lot of like
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hacky things that didn't really turn out
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too well. So I'm really trying to make
[12:05] (725.04s)
sure we do it right this time because
[12:06] (726.88s)
luckily we have some traction on this
[12:08] (728.24s)
and hopefully we can stick with this
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product for a long time. So if we're
[12:11] (731.76s)
going to be using this codebase for a
[12:12] (732.88s)
while, we want to make sure it's done
[12:13] (733.84s)
right. It's funny, huh? This is the
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first time we finally dealt with this
[12:16] (736.24s)
problem. But good problems honestly. We
[12:18] (738.72s)
finally at least we're at this spot
[12:20] (740.24s)
right now. Good problems to have. Try to
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actually write it clean. Write it
[12:23] (743.52s)
properly so that we don't get you know
[12:25] (745.84s)
uh screwed later.
[12:32] (752.23s)
[Music]
[12:35] (755.20s)
Yeah. So, Ryan and I actually drove back
[12:36] (756.96s)
to Southern California yesterday for
[12:39] (759.92s)
Mother's Day. It's funny because, you
[12:41] (761.52s)
know, this whole week we're fundraising,
[12:43] (763.52s)
right? So, we've been like the busiest
[12:44] (764.96s)
we ever been. And we actually originally
[12:46] (766.80s)
were just going to like burn the ticket
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and not come back. But on Sunday
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morning, we had a little bit of time.
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And so, we just decided to actually just
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say, you know what? [ __ ] it. Let's
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actually come down. We drove down just
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for a quick dinner and today morning
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about like 8:00 right now we're going to
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fly back to S7 obviously keep
[13:02] (782.96s)
fundraising going and Randy need to get
[13:04] (784.56s)
a lot of the code stuff done just to
[13:05] (785.68s)
keep the product going as well. But
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that's the main reason that we came back
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too because I don't really want to
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regret like missing Mother's Day and
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like important moments of hanging out
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with my family. Like it's been already 5
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months since I have been home. My mom
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visited me once and I just really want
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to be home for the weekend. But also it
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really helps with the work side too. A
[13:24] (804.00s)
lot of times when me and him, Ryan were
[13:26] (806.16s)
working a lot, what ends up happening is
[13:28] (808.88s)
that we start turning like delusional
[13:30] (810.80s)
because you're just looking at the
[13:32] (812.32s)
problem so deeply, right? And you don't
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get new perspective. So we also thought
[13:36] (816.56s)
on the drive back, ironically, Ryan and
[13:38] (818.24s)
I both really enjoyed it even though it
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was 6 hours because we were finally able
[13:41] (821.84s)
to do something different and just clear
[13:43] (823.20s)
the mind. I really miss my mom and my
[13:45] (825.36s)
sister and it was just so good seeing
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them. So feel really recharged and
[13:50] (830.32s)
seeing my mom happy seeing me just
[13:51] (831.92s)
really made my day. So it's nice to just
[13:53] (833.44s)
get out of the bubble because it reminds
[13:54] (834.64s)
you that at the end of the day it is
[13:56] (836.16s)
just work and there are like more
[13:57] (837.68s)
important things in life than just
[13:59] (839.20s)
working all the time. You know hanging
[14:00] (840.40s)
out with family, having a good time,
[14:01] (841.92s)
enjoying a good meal. Those are my
[14:03] (843.60s)
opinion at the end of the day like
[14:04] (844.72s)
something to cherish more than just
[14:06] (846.64s)
grinding 24/7.
[14:13] (853.12s)
Is this only one?
[14:15] (855.28s)
This one? What are you doing? He has the
[14:17] (857.68s)
wrong control. Oh man. Oh, there we go.
[14:21] (861.20s)
Shoot. [ __ ] with this one. Also the
[14:22] (862.80s)
viewers the screen.
[14:27] (867.92s)
Can you add some like aliens and [ __ ] I
[14:30] (870.00s)
can add aliens and [ __ ] bro. I can't
[14:31] (871.28s)
even make multiplayer. Oh, can we can we
[14:33] (873.12s)
can we get like double like this? Like
[14:35] (875.12s)
so I can go like this. I can be like
[14:37] (877.20s)
this. I can be like cursor prompt away.
[14:41] (881.44s)
You got You got to do the dual wheel,
[14:42] (882.88s)
bro. Yeah, I'll let that one prompt the
[14:44] (884.64s)
dual wheel right now. One prompt away to
[14:48] (888.08s)
be able to use two guns. Everyone just
[14:49] (889.68s)
vibe coding right now. What language are
[14:52] (892.00s)
you? Beats me the do wheel now. Let's
[14:55] (895.28s)
see. Nah, I didn't one shot a voice.
[14:58] (898.60s)
Ah, it was it was a worthy try, bro.
[15:01] (901.68s)
Just ask some comments. Good run. You're
[15:02] (902.96s)
telling me I got to use my brain to
[15:04] (904.16s)
actually program now. Honestly, a little
[15:05] (905.60s)
embarrassing. No, cursor should be
[15:08] (908.32s)
embarrassed right now. Bro, use old
[15:10] (910.00s)
tree. That should Someone get the cursor
[15:12] (912.48s)
founders here. So, I'm actually editing
[15:15] (915.12s)
this video right now and we got Ryan
[15:17] (917.20s)
there just locked in coding. Want to say
[15:18] (918.64s)
hi, Ryan? What up, guys?
[15:20] (920.80s)
And we actually also have a seat open
[15:22] (922.56s)
over here. So, we're actually looking to
[15:24] (924.00s)
hire an intern for the summer. So, if
[15:25] (925.28s)
you want to be in San Francisco and
[15:26] (926.56s)
you'll crack that A IML, uh definitely
[15:28] (928.48s)
apply in the link in description. But
[15:30] (930.08s)
also, if you're remote, we're also
[15:31] (931.12s)
looking at that as well. So, feel free
[15:32] (932.40s)
to apply as well. But anyway, sorry for
[15:35] (935.52s)
disrupting your regular vlog schedule.
[15:37] (937.20s)
I'll let you guys get back to it.
[15:40] (940.32s)
I don't know. I just want to do I don't
[15:42] (942.00s)
do on camera unless like I calls calls
[15:45] (945.12s)
calls, man. Just getting on a lot of
[15:46] (946.64s)
calls, Ryan. Right. Yeah. I thought
[15:48] (948.64s)
we're not even co-founders at this
[15:49] (949.84s)
point, you're just working on product
[15:51] (951.52s)
all day and I'm just getting on a
[15:54] (954.48s)
bazillion calls. But that's a good good
[15:56] (956.32s)
thing though. I think when you fund
[15:57] (957.60s)
raise, how we think about it, at least
[16:00] (960.16s)
from our side, is to try to get it done
[16:02] (962.08s)
like two to three weeks because every
[16:04] (964.08s)
time you're fundraising, you're not
[16:05] (965.68s)
actually really working on the product.
[16:07] (967.20s)
Obviously, fundraising is important too,
[16:08] (968.40s)
so you can get the resources right. But
[16:11] (971.04s)
I figure a lot of you guys are probably
[16:12] (972.48s)
asking, I can already see in the Discord
[16:14] (974.24s)
when I'm talking to you guys in the
[16:15] (975.36s)
community channel is that how do you get
[16:17] (977.84s)
on calls and how we've been approaching
[16:21] (981.52s)
fundraising and talking to VCs is kind
[16:23] (983.84s)
of like sales. It's that we try to um
[16:27] (987.84s)
first obviously warm intro is the best
[16:29] (989.76s)
part. So I have a lot of good founders
[16:31] (991.68s)
friends I met already obvious from
[16:32] (992.88s)
Founders Inc. from the whole time being
[16:35] (995.12s)
at SF. So I'm just talking asking a lot
[16:37] (997.04s)
of these different people to open up
[16:38] (998.24s)
like warm intro and I think that's why
[16:39] (999.60s)
it's also important to to just have good
[16:42] (1002.24s)
relationships with people right and I'm
[16:43] (1003.76s)
very thankful for a lot of my friends
[16:45] (1005.12s)
like Savannah all these other people
[16:46] (1006.96s)
right like right there Savannah did
[16:48] (1008.88s)
somebody say my name
[16:51] (1011.20s)
for for giving me like a tons of intros
[16:53] (1013.92s)
so warm is always better than cold and
[16:56] (1016.16s)
obviously the second method at the top
[16:57] (1017.28s)
of the funnel will be cold outreach but
[16:59] (1019.04s)
I would say don't just like spray and
[17:00] (1020.88s)
pray actually look to see like if the
[17:03] (1023.52s)
fund is funding like the stage you're in
[17:05] (1025.12s)
for example we're raising a preced/
[17:06] (1026.88s)
seed. It wouldn't make any sense for me
[17:08] (1028.64s)
to be reaching out to series A firms,
[17:10] (1030.40s)
right? Or series B firms because they
[17:13] (1033.04s)
they they they simply can't fund us
[17:14] (1034.80s)
because that is not in their fund
[17:16] (1036.56s)
thesis. And obviously write custom
[17:18] (1038.80s)
emails for each of them and actually
[17:20] (1040.32s)
make it interesting and keep everything
[17:21] (1041.92s)
concise. But to also go into a little
[17:24] (1044.08s)
bit more about the warm intro, what
[17:26] (1046.16s)
we're doing is that when I message my
[17:28] (1048.08s)
friends, if they are willing to intro
[17:30] (1050.00s)
me, then what I'll do, I'll ask them to
[17:31] (1051.68s)
send me a couple a list of VCs that they
[17:33] (1053.20s)
think it can be good fit, right? So when
[17:34] (1054.80s)
they send me the list, I write up a
[17:36] (1056.08s)
custom email for each one of them and
[17:37] (1057.60s)
then they forward it to that VC. You
[17:39] (1059.60s)
want to lower the friction as make it as
[17:41] (1061.60s)
easy as possible for people to you know
[17:43] (1063.68s)
do these warm intros for you. And this
[17:45] (1065.52s)
method I haven't done is I have heard a
[17:47] (1067.04s)
couple people they will go to like
[17:48] (1068.16s)
different uh pitching competition type
[17:50] (1070.32s)
of thing where a lot of VCs do go. So
[17:52] (1072.48s)
they will go pitch at those things and
[17:53] (1073.92s)
then after that a lot of times VCs will
[17:55] (1075.68s)
reach out if they do like your pitch and
[17:57] (1077.04s)
stuff. So the key thing is just to try
[17:58] (1078.64s)
to get as much top of funnel as
[18:00] (1080.08s)
possible. It's already been about a week
[18:01] (1081.84s)
and a half since we've been fundraising.
[18:03] (1083.12s)
Every day I'm just getting on calls. For
[18:04] (1084.40s)
example, tomorrow I'm getting on like
[18:06] (1086.16s)
about six calls, six to seven calls,
[18:08] (1088.24s)
just back to back to back to back.
[18:09] (1089.84s)
Really trying to knock it out because at
[18:12] (1092.16s)
the end of the day, you really just need
[18:13] (1093.68s)
one VC to say yes. And if someone leads
[18:16] (1096.08s)
you around, the rest usually comes a lot
[18:18] (1098.08s)
easier.
[18:29] (1109.88s)
No. What?
[18:33] (1113.04s)
Wait, what?
[18:36] (1116.80s)
That was a joke. That was a joke.
[18:39] (1119.60s)
Wait, what? What happened? It was a Yo,
[18:41] (1121.28s)
that was It was a two. It was a two. I
[18:44] (1124.48s)
know it was a two,
[18:47] (1127.64s)
bro. It was a two.
[18:51] (1131.36s)
It was a two, dude. The New York Knicks
[18:53] (1133.76s)
are Bro, what was
[18:56] (1136.96s)
And don't forget the game where Reggie
[18:59] (1139.04s)
Miller did this, the Pacers lost. He did
[19:08] (1148.00s)
about to actually head to bed soon. Just
[19:10] (1150.56s)
wrapping up some work, lining up the
[19:12] (1152.92s)
meetings and, you know, finishing up
[19:15] (1155.76s)
some things up, sending out some more
[19:17] (1157.12s)
emails. But yeah, been about two weeks
[19:20] (1160.24s)
since we've been fundraising and have
[19:23] (1163.04s)
obviously, you know, some second and
[19:24] (1164.48s)
third meetings rolling in and stuff. I
[19:26] (1166.00s)
just been talking to people, right? And
[19:27] (1167.20s)
at the end of days, a lot of like people
[19:28] (1168.48s)
connection stuff, but I'm just
[19:30] (1170.32s)
exhausted, you know, from my social
[19:32] (1172.24s)
battery. And it's interesting, too,
[19:33] (1173.92s)
because I'm not exhausted when I talk to
[19:36] (1176.00s)
customers, but for some reasons, when I
[19:38] (1178.00s)
talk to VCs, uh, I I do get really
[19:40] (1180.72s)
tired. And it's not like because they're
[19:42] (1182.72s)
bad people or anything like that, but
[19:43] (1183.76s)
what I what I realized is that as an
[19:45] (1185.60s)
entrepreneur, you always want to be
[19:46] (1186.80s)
doing the work that will move the needle
[19:48] (1188.40s)
forward. And yes, raising funds do move
[19:51] (1191.44s)
the needle forward. But what I want to
[19:54] (1194.24s)
do is the game of growing the company.
[19:56] (1196.32s)
And the other type of work, but a lot of
[19:58] (1198.88s)
times it's really important to to do
[20:01] (1201.20s)
what you don't want to do because it is
[20:02] (1202.76s)
necessary to fund raise, to do these
[20:05] (1205.52s)
things because having more capital does
[20:07] (1207.36s)
help the, you know, everything move
[20:08] (1208.56s)
faster and such. But I'm definitely
[20:10] (1210.00s)
going to break these vlogs up to two
[20:11] (1211.76s)
different series just because I already
[20:14] (1214.16s)
have so much footage from these past two
[20:15] (1215.76s)
weeks. So after this, back to work.
[20:17] (1217.76s)
Going to get a good night rest and I'll
[20:19] (1219.84s)
keep you guys updated on the next video.
[20:21] (1221.60s)
Peace.