The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch: 20VC: Fundraising Wisdom that is Total BS; Dilution, Meeting Associates, Taking the Highest Price, Always Be Raising | Why Second Time Founders Are More Investable & Why Not To Hire People Out of College with Dan Siroker, CEO @ Limitless
Summary
Focus on Dan Siroker’s fundraising playbook and his approach to raising capital for Limitless. He describes how he generated strong investor demand and secured a $350 million Series A valuation. He also explains why he prefers serial entrepreneurs, how founders should handle investor outreach, and why taking the highest price is usually a mistake. The discussion also touches on team building, pivots, and lessons from his experience at Optimizely.
Funding
Amount
None
Total raised
Date
May 11, 2023
Announcement date
Investors
Optimizely, Amplitude, Y Combinator, Benchmark
Lead investors
Company
limitless.ai
Funded company
Classifications
industries
InsurTech
applications
Business Intelligence
AskAI Classifications
Labels
SaaS
Digital Experience Platform
MarTech
Linked Companies
Optimizely
$250M to $500M
Limitless
$1M to $5M