Lecture Notes on Starting a Company and Fundraising
Introduction to the Company's Founding
- The company was founded in response to dissatisfaction with shows like "Shark Tank."
- The founders wanted to create a more authentic representation of how founders close deals with investors.
Initial Goals and Emotions
- The initial goal was to create a cool podcast.
- The speaker expresses emotional involvement, mentioning they might cry, which is unusual for them.
Audience and Reach
- The show attracts hundreds of thousands of listeners monthly.
- The audience primarily consists of entrepreneurs, investors, and tech executives.
Current Fundraising Efforts
- The company is currently raising $500,000.
- Describes this fundraising round as a pre-seed.
- The valuation cap for this round is set at $5 million.
- Invitation for potential investors to join the journey.
Intended Use of Funds
- The speaker briefly touches on questions about how the funds will be used, indicating future plans and needs for the investment.
These notes provide a summary of the key points discussed in the lecture about the company's founding motivations, current audience, and fundraising activities.