"I asked pointed questions to the founders a and honestly, i'm really grateful that those founders were truthful," she says. "And i think am it's, it's even, i would probably even say t made me a better interviewer." 'You also need to back channel and talk to founders that didn't ind try you to exactly yet,' he adds. "'What did that partner do when things went south? That's exactly as al says, i liked speaking to founders who, you know, maybe yit went south o that channel' I can tell where founders are not being necessarily thful, and we're just kind of ... trying to get us to say yes to the deal
Amber Atherton is the founder and CEO of Zyper (YC W18).
Iba Masood is the cofounder and CEO of TARA (YC W15).
The YC podcast is hosted by Craig Cannon.
Y Combinator invests a small amount of money ($150k) in a large number of startups (recently 200), twice a year.
Learn more about YC and apply for funding here: https://www.ycombinator.com/apply/
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Topics
00:00 - Intro
1:16 - Seed fundraising for Zyper and Tara
3:26 - Tara's pivot
4:31 - Series A fundraising for Zyper and Tara
18:11 - Evaluating investors
23:46 - Meeting with associates and partners
30:35 - Raising a Series A as a female founder
39:31 - Fundraising psychology
41:46 - What not to do when fundraising
45:01 - Talking to portfolio companies about investors
46:21 - What it's like to run a Series A stage company
1:00:41 - The most important piece of advice for fundraising