“I have this thesis still very much do that. I don't think that buyer's agent necessarily adds a ton of value to the process.”
quote is from the automated transcript, cleaned for reading:
filler sounds and stutters are removed, nothing is rephrased. names can be misheard
(the analysis reads context, assessments check outside sources). how →
More from Kevin Tian
Opinion
Tian: Impersonating anyone is the biggest threat posed by AI
“With AI, like the biggest threat is really how easy it is to impersonate anyone or anything.”
Kevin TianFeb 19, 2026▶ 8:04He pivoted at $1M ARR—then raised $120M. | Kevin Tian, Co-Founder of Doppel · PMF Show
Disclosure
Doppel raised a $5M seed round from FTX in summer 2022
“So we actually raised the seed round summer of 2022.
It was a five million dollar seed round with FTX.”
Kevin TianFeb 19, 2026▶ 17:58He pivoted at $1M ARR—then raised $120M. | Kevin Tian, Co-Founder of Doppel · PMF Show
AssertionNot checkable as stated
Doppel pivoted to cybersecurity despite reaching low seven-figure ARR
“At that point, I'd say we just broke seven figures, low seven figures.”
Kevin TianFeb 19, 2026▶ 28:35He pivoted at $1M ARR—then raised $120M. | Kevin Tian, Co-Founder of Doppel · PMF Show
AssertionNot checkable as stated
Doppel grew revenue 10x in 2023 during its cybersecurity pivot
“We 10 X our revenue that year and we had a big, big focus and pipeline on the new pivot and the new market we were going after.”
Kevin TianFeb 19, 2026▶ 33:12He pivoted at $1M ARR—then raised $120M. | Kevin Tian, Co-Founder of Doppel · PMF Show
AssertionNot checkable as stated
Tian: Doppel's first customer contract was $5,000 per month
“The very first contract we had at Doppel was for five K a month.”
Kevin TianFeb 19, 2026▶ 15:18He pivoted at $1M ARR—then raised $120M. | Kevin Tian, Co-Founder of Doppel · PMF Show
Disclosure
Doppel had only one NFT API customer before shutting it down
“Basically conversations with me and Rahul saying like, hey, we actually only have one customer using this API. We've been trying to get this other customer to use this API, and they're not willing to pay us that much for it. And how many NFT marketplaces are t…”
Kevin TianFeb 19, 2026▶ 23:35He pivoted at $1M ARR—then raised $120M. | Kevin Tian, Co-Founder of Doppel · PMF Show
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