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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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How Rahul Vohra (Founder of Superhuman) raised $110M to compete with Gmail
First Money In
27 minutes
10 months ago
How Rahul Vohra (Founder of Superhuman) raised $110M to compete with Gmail

Rahul Vohra, founder and CEO of Superhuman, shares the fascinating journey of raising the company's initial capital through an unconventional approach. Rather than pursuing traditional venture capital, he strategically approached angels who had earned 3-22x returns from his previous startup Rapportive. This strategic decision, combined with a methodical three-step fundraising process, allowed him to maintain control while proving progress.

The story takes an interesting turn with a late-night steak dinner at Andreessen Horowitz that unexpectedly led to naming the company Superhuman. The conversation also reveals how a sophisticated family office preempted their Series A with just 10 users, recognizing the massive potential in the email market - where 1 billion professionals spend 3 hours daily, creating a trillion-hour annual opportunity. Perhaps most compelling is Vohra's unique approach to achieving product-market fit through personal onboarding sessions with wine and whiskey, demonstrating the power of high-touch customer development in building a product people love.

01:24 Raoul Vora's Journey Before Superhuman
01:58 The Early Days of Superhuman
02:45 Raising the Initial Capital
04:04 Challenges and Strategies in Fundraising
05:55 The A16Z Story
09:23 Series A and Beyond
15:04 The Waitlist Strategy
19:02 Series C and Market Reflections
24:05 Raoul Vohra as an Investor

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.