What advice do you have for other entrepreneurs?
A lot of people can fall into the trap of thinking they have to wait until they have the perfect business plan or the perfect team lined up or the perfect round of funding, and all of those things are false milestones. What you need to do is just figure out the smallest little ways that you can validate that what you’re doing is solving a need and just keep growing it up from there. You’ve got to be able to measure small increments of success and failure really early on to know that you’re on the right path, so think big, but start small.
What challenges did you have with fundraising?
Investors see so many pitch decks and business plans week over week over week, and they become really good at seeing the patterns and what’s gonna work and what’s not. One of the advantages of being different is that you’re different, but when you’re first to market, the downside is that it can be challenging when you look different than other companies. So being a startup that had more revenue than engineers at the beginning, we just had to explain our way out of that a little bit. And the investors that could visualize that future and could think outside their own box really got it, and that’s who we ended up raising from.