500 Startups

“So we have been seed funded by 500 startups, and we would soon start, you know, raising our first seed.”

“Right now, we've just gone to cashflow negative, so we just joined 500 startups, and we're beginning a process of, you know, higher, higher burn. yeah, we were profitable before, but we just stopped that.”

“One of the big sort of milestones we reached was getting accepted into the 500 startups program out in California. That comes with a hundred K investment as well.”

“Sonar actually spun out of some work I was doing at 500 Startups. I was working with a company called Maven, and they had this deep need. So I built the prototype for Sonar and you know, before long they started telling other companies about it and it kept gro…”

“So overall, we've raised a little over 700,000 between some notes and some equity, and then, you know, now we're in 500 startups you know, batch 16 here in San Francisco, and so that, you know, that comes with you know, a small investment as well.”

“And even if you asked me, you know, four months ago, would I be in San Francisco right now? And we were still in Cleveland. We had just come off our best quarter ever. And I would have told you were crazy. So it's just kind of funny how things work. And you kn…”

“I know that they raised back in 2013, 1.6. And then they did another smaller raise recently. 500 startups was part of that raise. And it was a relatively small raise. How much? I want to say two 50 to 300.”

“So beta spring, they're using a different model now. I don't know what they do now, but at the time it was six percent which was kind of what tech stars and everyone was doing at the time and 500 startups was seven percent.”

“This is as per the 500 terms, which is 2.5 million post money.”

“Still now, self-funded completely, but we are raising a small round from 500 startups and a couple of other investors, so probably a half a million round.”

“In December, I just raised 300,000 dollars to form angels, 500 startups, and right side capital, just to make sure that whatever happens, we have about one year to live.”

“So in late, we raised half a million from investors based in Asia and U S the most notable include people like 500 startups and East ventures.”

“We are so the only outside capital we've taken on is about a hundred and 125 K from the accelerator.”

“So we raised just under three million.”

“No, it's one 25 K for five percent of the business.”

“We actually raised a little money from 500 startups. So basically why we did that was. How much was that? That was one 25 case. And they take five percent, right? That's right. It's, that's pretty low valuation and it's on convertible anyway”

“So we're in 500 startups right now. This is the first money we've ever taken.”

“We went into the 500 startup accelerator with the, without a product”

“Yeah, we're doing a kiss note. We just came out of the 500 startups can program. So we were, you know, in October, we were offered a spot in their accelerator. We just went through that. So we just kind of jumped out of that program.”

“Actually, I have 80% equity and we have some for 500 and we have some for our team.”

“We were a part of the 500 startup accelerator where they influxed one 25 but that's it.”

“Then it's about half a million.”

“Self-funded to date we about four weeks ago were accepted into a 500 startup, so we took our first outside capital from them.”

“We raised capital. So a total of about 2.7 million from you know, like Eric Ries 500 startups, Dave McClure.”

“They're on the Hello Tech cap table.”

“So our biggest investors in Dresden Horowitz in Greylock 500 startups, Cape Four Capital, Founder Collective folks like that.”

“We applied with that e-commerce store to 500 startups. We got rejected. We were devastated. Like we didn't know what to do. We thought our dreams were now all like shattered. And then half a year later, we made a successful pivot and joined 500 startups.”

“We have venture funding. We were backed by 500 startups went through their accelerator. So we have about 1.8 million in in funding.”

“Yeah, we raised like, not, not a lot, like, close to one million dollars before the acquisition. The opportunity to got acquired got just when we were raising our Series A, and that million dollars that we raised that happened between two rounds, one in Europe…”

“So it's sort of five percent and it converts when you raise the price round.”

“It's not in public yet, but we raised around 300 K you know.”

“So for us, it was the a hundred K. So but then after that, we also, we raised some money during the program from friends and family. From friends and family. And then we raised some additional Sort of notes here and there in the past year as well. So we're tot…”

“At the accelerator, it's pretty common that you need to grow your MRR sort of by any means necessary. So we started doing that and we were like, we hit our weekly and monthly goals and we were growing our MRR like crazy. Problem was that after sort of demo day…”

“Actually got accepted into batch 11 after being turned down four times, and but then I emailed with them and convinced them to actually accept us.”

“We had like, I don't know, a thousand bucks per month, maybe.”

“So we've been bootstrapping up until three months ago when we entered the 500 startups program here, and how it works is it was an accelerator. It's already rebranded as a seed previous seed and seed program, and you receive 150 K from them.”

“So far, a 150 K from 500 startups.”

“And so it's now, yeah, a 150 K for six percent. And so, yeah, we took that standard deal.”

“Well, so to date, we've raised 325,150 of that came from 500 startups, which we're participating in now.”

“The only other check was we went through the 500 startups accelerator about a year and a half ago. That was the only other outside money.”

“No more after that because we're profitable currently.”

“We've been to 500 startups in last October, and we raised, like, 150,000 from them. After demo day of 500 startups, we raised 200,000, and I just put my personal money like around 400,000 in the company.”

“But coming into 27, the end of 2017, early 20 18, we raised four and a half million from, with ignition partners as our lead. And then we had other investors including like Matthew at 500 startups and Trevor at correlation ventures, a bunch of other VCs and se…”

“We had done both, so we bootstrapped for about seven years, and then we went through 500 startups, and then we raised a small seed round from Tim Draper, and you know, there's a few folks involved in that point, and it felt like we had, we owed them a return, …”

“The total money we've raised is about 500 K during that time.”

“So we raised about a million dollars from some fantastic investors, Ryan Hoover from Product Hunt Eric Blatchford, who's the CEO of Expedia. We had 500 startups as well.”

“I mean like, 10 K to just, like, get the a minimum MVP, a minimum buy-all product get it, like, up and running. It was awful, but we launched it, and we had, like, three, three to four customers with that and that's how we got into 500.”

“Yeah, so far we have raised half million dollars, and we have about, we did the 500 startups and Techstars, and 500 startups gave us about 50,000 dollars, it was a safe note, and then Techstars gave us a 100,000 safe note, but then it's, the rest is bootstrapp…”