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First Money In
Nichole Wischoff
16 episodes
9 months ago
Every unicorn started with a first check. First Money In takes you behind the scenes of the most critical and anxiety-filled moment in a startup's journey - raising their first capital. Each episode uncovers the raw, unfiltered stories of now-legendary companies and the decisive moments that kicked off their trajectory.
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Technology
Business
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All content for First Money In is the property of Nichole Wischoff and is served directly from their servers with no modification, redirects, or rehosting. The podcast is not affiliated with or endorsed by Podjoint in any way.
Every unicorn started with a first check. First Money In takes you behind the scenes of the most critical and anxiety-filled moment in a startup's journey - raising their first capital. Each episode uncovers the raw, unfiltered stories of now-legendary companies and the decisive moments that kicked off their trajectory.
Show more...
Technology
Business
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From Wall Street to Flying Cars (eVTOLs) | Adam Goldstein, Founder/CEO Archer Aviation
First Money In
36 minutes
9 months ago
From Wall Street to Flying Cars (eVTOLs) | Adam Goldstein, Founder/CEO Archer Aviation

In this episode, Adam Goldstein (Founder/CEO Archer Aviation) shares his extraordinary journey from witnessing 9/11 as a young investment banker, to founding Archer Aviation, a pioneering electric aircraft company. After experiencing the tragic events of September 11th firsthand, Goldstein navigated through six failed startups before building a successful company, learning invaluable lessons about product-market fit and sustainable business models along the way.

The conversation takes a dramatic turn as Goldstein reveals the intense legal battle with Boeing—That nearly destroyed Archer Aviation before its IPO—Offering rare insights into high-stakes corporate litigation. He also discusses how the Russia-Ukraine war exposed opportunities in modern defense, leading to Archer's strategic pivot into autonomous military solutions. Throughout the episode, Goldstein shares fascinating details about raising $2 billion for a flying car startup and why tackling massive, world-changing problems can actually be easier than building smaller companies.

00:00 Introduction and Host Welcome
00:41 Meet Adam Goldstein: From Finance to Tech
01:43 The Birth of Vettery
02:54 Investment Banking and 9/11 Experience
04:36 Lessons from the Hedge Fund World
06:44 Building and Scaling Vetteri
11:24 The Acquisition of Vettery
15:26 Founding Archer: A New Venture
19:27 The Challenge of Raising Capital]
19:47 Navigating the eVTOL Industry
21:20 Building a Credible Team
22:30 The Impact of COVID-19
23:12 Securing Initial Funding
24:40 Developing the First Prototype
24:53 Entering the SPAC Market
29:18 The Boeing Lawsuit
32:38 Future Prospects and Defense Opportunities
36:06 Conclusion and Final Thoughts

First Money In
Every unicorn started with a first check. First Money In takes you behind the scenes of the most critical and anxiety-filled moment in a startup's journey - raising their first capital. Each episode uncovers the raw, unfiltered stories of now-legendary companies and the decisive moments that kicked off their trajectory.