3min chapter

B2BaCEO (with Ashu Garg) cover image

How to Build a Hundred Billion Dollar Company (Jonathan Siddharth, Co-Founder & CEO of Turing)

B2BaCEO (with Ashu Garg)

CHAPTER

How to Fundraise for a Startup?

Turing raised its first 15 million completely on safes. We started off with the 10 million valuation cap safe. We went from 10 to 15 to 20 to 30 to 50 to 100, then 500, 750, a billion. And I feel like Turing was probably the first company to raise on a billion dollar safe. In the corner round, we've raised at a 4 billion valuation cap safe and these safes give market signal also to us.

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