

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
16 snips Oct 11, 2024
Dan Lorenc, founder of Chainguard and a former Google employee, shares his remarkable journey in securing $50 million from Sequoia without a startup idea. He discusses the unexpected ease of fundraising in the startup world, detailing how he raised his first $5M with no deck or product. Dan explores how launching multiple products simultaneously fueled growth, and why timing and market identification are crucial. He also highlights the importance of hiring experienced sales teams and maintaining a zero-vulnerability standard in open-source security.
Chapters
Transcript
Episode notes
1 2 3 4 5 6
Intro
00:00 • 2min
From Google to Startup: A Security Journey
01:31 • 15min
Enhancing Open Source Security for Developers
16:51 • 3min
Navigating the Fundraising Landscape
19:26 • 7min
Accelerating Growth Through Early Sales Hiring
26:32 • 2min
Navigating Growth and Fundraising Strategies
28:33 • 3min