How We Raised $4.2 Million With No Product

How We Raised $4.2 Million With No Product. In this interview, Thesys co-founder Rabi Guha explains how he and his co-founder successfully raised a $4.2 million seed round in just three months with only an idea. He reveals the two critical factors for their success: a strong founder-market fit from years of industry experience, and a powerful network that provided the "warm intros" that VCs prioritize. Rabi also shares his advice for aspiring founders on why you should work in a corporate job first to learn how the world works, but remember that "jumping out is going to be the hard part". Finally, he explains the venture capital mindset: VCs would rather have a 10% chance at a billion-dollar company than a 100% chance at a hundred-million-dollar one. Check out the company: https://thesys.dev

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🕒 CHAPTERS

00:00 - Raising a $4.2M Seed Round in 3 Months (With No Product)

04:46 - The 2 Things You Need to Raise Money With an Idea

08:39 - The "Hint of Hesitation" VCs Have for India-Based Founders

12:51 - The VC Mindset: 10% Chance at a Billion vs. 100% at $100M

16:59 - Why VCs Will Never Give You Honest Feedback

21:00 - Why Conversational AI Is a Bad User Experience

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