parth
1.3K posts

parth
@parthos76
if it is to be said, so it be...so it is






When @travisk was fundraising Uber's round that valued it at $70B, he ran four rooms simultaneously out of their New York office for an entire week, each booked in 90-minute slots across 12-hour days: "This is how we'd fundraise: we had four rooms in our New York office booked for a week with an hour-and-a-half slot on each. So for 12 hours in a day, four rooms going in parallel." "I'm in the $250M-and-over club, that's one room. Then there are these other rooms, down to the fourth room, which is like $25M checks. There's a guy who works for a guy, who works for a guy, who works for me who's doing that room." "But we're oversubscribed. So we started putting multiple investors in the same room. We were like, 'We're just out of slots dude. Let's go.'" "The storytelling we did, anybody on my team could tell that story and make it happen. And that was a big part. It was the story... then there is making it scalable so that there are 10 different people in a company that can pitch it at any given time. And that’s when you take it all the way."





















