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Tech Brew Ride Home

(Portfolio Profile) Check-in With Rownd (How To Raise A Round Right Now)

Tech Brew Ride Home

Amalgamated Internets, LLC

News, Tech News, Technology

4.71K Ratings

🗓️ 30 May 2022

⏱️ 19 minutes

🧾️ Download transcript

Summary

A checkin with Rownd about what it's like to close a round right now, and what actually being on stage at YC Demo Day is like. To book at meeting with Robert at Rownd: https://calendly.com/rob-rownd/mutant-podcast-army Rownd helps companies register and retain more users through frictionless sign-in across all of their websites and apps, with a simple code snippet. We let our customers choose how and where authentication happens, killing the static login page forever.  Rownd link: https://rownd.io Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

We've got a quick sort of check in with a portfolio company from the Ride Home fund for you today.

0:12.5

We've got Robert Talin from Round.

0:15.9

If you'll recall, they were the ones

0:18.1

that recently went through Y-Cominator.

0:21.8

So let's start there, Rob. I appreciate you coming on to give us a check-in but also

0:26.8

tell us how YC demo day went. Yeah last time I was here was about two weeks before demo day and we were just getting ready for fundraising and we went through an entire process and I'll tell you, it was pretty amazing.

0:40.0

Like, like, Wycy demo day is still everything that they talk about.

0:43.6

Like there's 420 companies going through it, but still it was, you know, one minute pitches, one slide

0:51.7

pitches, so many cool companies all around to you and

0:55.0

then the entire purpose of demo day is to like get investors to want to talk to you like

1:01.5

a little introduction a trailer and that's exactly what it was. We

1:04.8

at over 120 likes or like up votes and any shows up votes like kicks off an email that is like,

1:12.0

hey you guys want to talk to each other

1:13.8

and like best me to those turn in the meetings and yeah it just really kind of

1:17.4

kicked off for fundraising in a very positive way and we ended up closing that

1:22.0

round in just a few weeks afterwards but all the prep for it's like so many so much time like

1:28.0

probably 15 hours of time spent on one minutes yeah it was a great experience and it was just fun to be around

1:35.0

other people pitching their their product and we are all in like a like

1:40.1

Slack channel just giving each other like encouragement and it was just really fun to be a part of that and it

1:45.8

really was kind of a huge like graduation. Well take it from someone that did 12

1:51.5

weeks at Ted for one six minute Ted talk. Just give me the feeling of

1:58.3

adrenaline, the feeling of like how did you like I'm sure you had it memorized it you probably repeated it you know 2,000 times but what was it like in the moment?

...

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