Disclosure certainty 4/5 debate potential 1/5

Hamza: Quash seeks to raise $500,000 in pre-seed capital

Amir Hamza · Can this company leverage 250 engineer beta testers for bug testing tool to close $3m pre seed round? · Sep 29, 2023 · at 9:08

Amir Hamza is the co-founder of Quash, a mobile bug testing SDK startup, discussing the company's initial fundraising plans with Nathan Latka.

0:00 / 0:04exact quote · 4.1s
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“Right now we are looking to raise 500 K dollars.”

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 Amir Hamza

Disclosure
Hamza: Quash currently has no paying customers
“We do not have a customer paying us at the moment.”
Amir Hamza Sep 29, 2023 ▶ 3:42 Can this company leverage 250 engineer beta testers for bug testing tool to close $3m pre seed round?
Assertion Not checkable as stated
Hamza: Quash beta companies report an average of 50 bugs weekly
“So an average company, an average mobile company reports in, in India reports 50 bugs in a week. Like that's an average number that we have reached.”
Amir Hamza Sep 29, 2023 ▶ 4:30 Can this company leverage 250 engineer beta testers for bug testing tool to close $3m pre seed round?
Assertion Not checkable as stated
Hamza: Quash has 20 companies and roughly 250 beta users
“Not 20 users, 20 companies using our product. The number of users would be somewhere around 250.”
Amir Hamza Sep 29, 2023 ▶ 5:45 Can this company leverage 250 engineer beta testers for bug testing tool to close $3m pre seed round?
Disclosure
Technical co-founder owns 50% of Quash while two others split remainder
“Yeah, so I usually owns half the company, the other half is split between Prakir and I.”
Amir Hamza Sep 29, 2023 ▶ 8:19 Can this company leverage 250 engineer beta testers for bug testing tool to close $3m pre seed round?
Disclosure
Hamza: Quash raised 3-4 months of runway from founder checks
“We do have some contributions that we have gotten from founders of other companies, but they have like, they were just sufficient for us to, you know, go for like three or four months.”
Amir Hamza Sep 29, 2023 ▶ 9:53 Can this company leverage 250 engineer beta testers for bug testing tool to close $3m pre seed round?
Disclosure
Quash's angel notes mandate a maximum one-year conversion window
“It's an year's time at max that we have before we can, you know until we can delay the conversion of the amount into equity.”
Amir Hamza Sep 29, 2023 ▶ 10:46 Can this company leverage 250 engineer beta testers for bug testing tool to close $3m pre seed round?
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