Taxwire

5 statements across 2 episodes · 1 bullish · 0 bearish · 2 people on the record · first statement Jun 24, 2024 by Andrew Rea · said 5 times in 2 episodes since 2024 · across every show →

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brought up most by Andrew Rea (3), Pablo Srugo (2)

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Everything said about Taxwire, oldest first

Jun 24, 2024
Disclosure
Rea: Taxwire's pre-seed fundraise relied almost exclusively on warm introductions.
“I was almost exclusively, I don't think I sent a single, I've sent a lot of cold emails in my time, but not for this fundraise. I think like almost everything was a warm intro or someone we already knew.”
Andrew Rea Jun 24, 2024 ▶ 19:41 1st-time founder meets 120 VCs— closes $2.7M in 5 weeks, 10x oversubscribed. Here's the step-by-s... · PMF Show
Jun 24, 2024 positive
Insight
Rea: Starting with a lower fundraising target makes oversubscribing easier
“It's honestly, it's like easier to oversubscribe than it is to like not get to the initial number you want. Like say you want to raise two. It's like, it's easier to get to 1.5 and then go up to two than it is to say you're raising like two.”
Andrew Rea Jun 24, 2024 ▶ 16:52 1st-time founder meets 120 VCs— closes $2.7M in 5 weeks, 10x oversubscribed. Here's the step-by-s... · PMF Show
Jun 24, 2024
Disclosure
Rea: Taxwire sought a $1.5M pre-seed round and closed over $2.7M.
“We didn't really start raising until October and we went out to raise 1.5 and we ended up raising about two point, a little over 2.7.”
Andrew Rea Jun 24, 2024 ▶ 5:03 1st-time founder meets 120 VCs— closes $2.7M in 5 weeks, 10x oversubscribed. Here's the step-by-s... · PMF Show
Jun 24, 2024
Disclosure
Rea: Taxwire secured $10M in commitments for a $1.5M pre-seed round.
“We ended up, we had about ten million in commits on about what was supposed to be 1.5 round.”
Andrew Rea Jun 24, 2024 ▶ 44:14 1st-time founder meets 120 VCs— closes $2.7M in 5 weeks, 10x oversubscribed. Here's the step-by-s... · PMF Show
May 7, 2026 neutral
Assertion Not checkable as stated
Srugo: TaxWire raised $3M in 5 weeks on a $1.5M target
“There's this first time founder, Andrew. He's the founder of TaxWire. I met him on the show. He wanted to raise just 1.5 million. He ended up raising three million in five weeks by leveraging this exact process at peak. He was doing 12 investor meetings a day.…”
Pablo Srugo May 7, 2026 ▶ 14:04 How to get a VC (like me) to wire you $2M in under 2 weeks · PMF Show
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