13min chapter

The Deep End by ODF cover image

CEO of Cal.com Bailey Pumfleet: building an open source rocketship ("Stripe for Time") | ODF alum

The Deep End by ODF

CHAPTER

Fundraising and Financial Strategy Insights

This chapter explores the successful $32.4 million fundraising from seed and Series A rounds, highlighting the strategic rationale behind raising more than initially planned. The speakers discuss their commitment to financial stability, a low burn rate, and innovative practices like equitable salaries and a longevity guarantee for their open-source software. They also emphasize the importance of compliance frameworks and trust-building measures in fostering relationships with enterprise clients and government entities.

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