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Founding Journey

How Zayd Ali Sold His First Startup in High School

Nov 7, 2024
01:00:28

This is how Zayd Ali sold his first company in high school and immediately started a new one in AI, called Valley, that has raised over $3 million already.

๐Ÿ“š 1,800 Pitch Decks (Free) โ†’ deck-database.carrd.co

Follow Zayd's journey:
๐Ÿฆ X โ†’ x.com/zaydsyedali
๐Ÿ’ผ LinkedIn โ†’ linkedin.com/in/zayd-syed-ali-4201101a9
๐Ÿš€ Startup โ†’ joinvalley.co

Follow us:
๐ŸŽฅ YouTube โ†’ youtube.com/@foundingjourney
๐Ÿ“ Newsletter โ†’ join.foundingjourney.com
๐Ÿ“ˆ Founder Membership โ†’ upgrade.foundingjourney.com
๐Ÿ’ผ LinkedIn โ†’ linkedin.com/in/michael-houck


Founder's Journey

  • (01:19) โ€” Selling a company in high school
  • (07:03) โ€” The feeling after selling a company
  • (09:09) โ€” Community accelerator programs
  • (21:30) โ€” Bootstrapped vs. venture-backed startups
  • (34:58) โ€” Selling before building
  • (52:34) โ€” Risk of startup life in your 20s


The Art of Pivoting

  • (14:51) โ€” Executing a pivot
  • (17:39) โ€” Advice for reluctant founders
  • (18:54) โ€” Founder market fit & "why now"


Investor Dynamics

  • (23:11) โ€” High-profile investorsโ€™ impact
  • (24:52) โ€” High energy in investor meetings
  • (28:23) โ€” Creating urgency for investors
  • (38:03) โ€” Investor response to customer LOIs
  • (38:47) โ€” Pre-read deck strategy
  • (41:45) โ€” Analyst to partner transition
  • (44:01) โ€” Anticipating investor pushbacks
  • (45:10) โ€” Avoiding introductions from investors who passed
  • (47:30) โ€” Challenges for AI startups
  • (50:44) โ€” Raising in a hot market


Rapid Fire

  • (54:56) โ€” Who's an investor you'd recommend?
  • (55:47) โ€” One thing you'd change about startups?
  • (56:44) โ€” Advice for first-time founders?
  • (57:38) โ€” Something you believe that most disagree with?

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