
He quit Google with no startup idea, raised $50M from Sequoia with no revenue— & grew to 8 figures in ARR. | Dan Lorenc, Founder of Chainguard
A Product Market Fit Show | Startup Podcast for Founders
00:00
Navigating the Fundraising Landscape
This chapter explores the timeline and strategies behind successful fundraising efforts for a startup, detailing a $5 million raise in 2021 and a pivotal $15 million raise in 2022 from Sequoia. It examines the complexities of securing funding in a fluctuating market, including the significance of timing, team dynamics, and proactive branding. The narrative highlights the journey of establishing a presence in the tech space and the evolving demand for their product, illustrating the intricate dance of investor relations and market positioning.
Transcript
Play full episode