Viral fundraising tactics with Rewind AI’s Dan Siroker + How to build a strong brand | E1745
This Week in Startups
Jason Calacanis
4.2 • 1.4K Ratings
🗓️ 18 May 2023
⏱️ 48 minutes
🧾️ Download transcript
Summary
This Week in Startups is presented by:
Merge. Let your developers get back to their core product. Merge is a single API to add hundreds of integrations to your app. Integrate up to 3 customers for free today at http://merge.dev/twist.
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Hyperice. Warm up and recover faster with the Hypervolt 2 massage gun and Normatec compression therapy boots. Save $50 off your order of $150 or more with code TWIST50 at checkout on http://hyperice.com
Today’s show:
Rewind AI CEO and Co-Founder Dan Siroker joins Jason to break down his viral fundraising strategy before diving into a demo of Rewind’s AI software (1:27). Then, Scott Bair of Lunour gives a talk on how to build a strong brand, where he dives into topics like branding, creating a logo and more! (34:49)
Follow Dan: https://twitter.com/dsiroker
Check out Rewind: https://www.rewind.ai
Time stamps:
(0:00) Dan Siroker joins Jason
(1:27) Dan discusses his method of raising capital publicly and the valuation they settled on
(9:08) Merge - Integrate up to 3 customers for free today at https://merge.dev/twist
(10:38) Advice for founders taking a high valuation, choosing the right firm, and differentiating Rewind AI from file search
(19:03) Embroker - Use code TWIST to get an extra 10% off insurance at https://Embroker.com/twist
(20:35) Dan demos Rewind AI
(25:04) Privacy concerns, dealing with legal issues, and Rewind’s enterprise use cases
(33:21) Hyperice - Get $50 off your order of $150 or more with code TWIST50 at http://hyperice.com/
(34:49) How to build a strong brand with Scott Bair
Read LAUNCH Fund 4 Deal Memo & Apply for Funding
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Transcript
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| 0:00.0 | You know, my my first advice would be not to fix it too much on valuation. I know you asked a lot of |
| 0:03.9 | questions on that. It was actually not really the critical thing I was focused on here is really |
| 0:07.6 | around the firm and partnership. Sure. You've also focused on the next one or two years. |
| 0:12.0 | I'm thinking much longer time horizon and that's one of the reasons I chose NEA. |
| 0:16.0 | Their fund structure is very unique. They have a 15 year fund, not a 10 year fund. They're very often |
| 0:21.8 | buying at the IPO, not selling. So that horizon is kind of what I was really looking for, |
| 0:26.7 | somebody who wants to be doing this with me for a while. This week in startups is brought to you by |
| 0:32.2 | Merge. Let your developers get back to their core product. Merge is a single API to add hundreds of |
| 0:39.2 | integrations to your app. Integrate up to three customers for free today at merge.dev-twist. |
| 0:47.2 | Embroker's startup insurance program helps startups secure the most important types of insurance |
| 0:52.6 | at a lower cost and with less hassle. Save up to 20% off of traditional insurance today |
| 0:59.0 | at Embroker.com slash twist. While you're there, get an extra 10% off using offer code twist and |
| 1:07.0 | hyperice, warm up and recover faster with the Hypervolt 2 massage gun and Norma Tech compression |
| 1:13.9 | therapy boots. Save $50 off your order of $150 or more with code twist 50 at checkout at hyper |
| 1:22.4 | ice.com. Hey everybody, welcome back to the program. What an interesting interview I |
| 1:30.0 | want to offer you today. I'm joined by Dan Soroka. He is the co-founder and CEO of Rewind AI. |
| 1:36.3 | It's been viral for a tweet about how he raised his last round of capital. Dan, welcome to the |
| 1:44.1 | program. Explain how you raised the money for your startup. This is the most innovative thing I've |
| 1:49.5 | seen in a long time and I've been around a long time. Thank you. Well, thanks for having me, |
| 1:55.2 | Jason. We did something a little unconventional, which is we put our investor presentation out |
| 2:01.3 | publicly. The reason to do that was inspired by a couple of factors. One was that AI is hot right |
| 2:08.5 | now. I don't know if you got the memo. We've been getting inundated by investors who want to |
... |
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