an example of Venture Capital where the entrepreneur didn’t even know that they were going to have to incorporate something in order to accept Venture capital money
Why is it Web 12?
Because the VC is asking 12 paragraphs of empowering questions
Right on Q is the VC who asks Venture couple questions
Harry Stebbings
Unedited by Larry Chiang
20VC just wrote a $15M check after a 4 day seed round process.
fonio.ai did not have a deck.
They were not fundraising.
This is the crime of poor VCs. They wait for companies to “raise”.
The best companies do not ever “raise. You need to be aggressive and take them off the table before the world sees how good they are.
Fonio was so obviously so good.
The traction was insane, growing $1M per month. But the founders are next level.
Daniel Keinrath is such a good seller. Like so good.
He is so good he could convince Sam Altman to buy into the Anthropic IPO.
Matthias Gruber is truly a genius. Like total nerd and I am here for it. None of this app layer BS. This man is innovating on models like no other. For downtime, he plays video games with his other half. I rest my case your honour. COOL!
Next crime VCs make, they do not go and spend real time in the offices of the company. So Paul Bonnet and I spent real time at the Fonio
Daniel Keinrath is such a good seller. Like so good.
He is so good he could convince Sam Altman to buy into the Anthropic IPO.
Matthias Gruber is truly a genius. Like total nerd and I am here for it. None of this app layer BS. This man is innovating on models like no other. For downtime, he plays video games with his other half. I rest my case your honour. COOL!
Next crime VCs make, they do not go and spend real time in the offices of the company. So Paul Bonnet and I spent real time at the Fonio office.
The energy is palpable. The sales leaderboard feels like the Hunger Games of SMB Al sales. The outside is a s***hole (good to save on budget!) See pic below!
Venture is really simple. Find special people and convince them to take your money. I am so glad they took our money.
Time to build a massive company. LFG! *
#founder #funding
WordPress’d from my personal iPhone, 650-283-8008, number that Steve Jobs texted me on
Web12 
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