Headspace Met With Over 60 VC Firms Before Closing Their First Deal
Rich Pierson · Headspace: Andy Puddicombe and Rich Pierson (2019) · Jan 3, 2022 · at 56:27
Headspace co-founder Rich Pierson describes the company's early fundraising process in California after deciding to take institutional venture capital.
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“We probably, to be honest, we probably went overboard, but we met over 60 different investment houses, would be the best way to describe it, until we found someone that we really felt aligned with, and we could get the deal done that would work for us.”
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