How To Raise Money For Ideas w/ Gaurav Jain

Follow Gaurav: https://twitter.com/gjain Get your LLC! https://doola.com/exerton About Garuav: Gaurav Jain is a co-founder of Afore Capital, a venture capital firm that specializes in pre-seed investments. Afore Capital has a total of $300 million in assets under management (AUM) and invests between $500k and $2 million in early-stage startups. The firm has made over 130 investments and has seen successful exits, such as Cruise Automation (acquired by GM for $1B+) and Firebase (acquired by Google). Afore Capital has a unique approach to investing, focusing exclusively on the pre-seed stage. They believe in supporting product-oriented founders building software companies from the ground up, and they don't shy away from investing in companies that are "pre-everything." Gaurav Jain and his team at Afore Capital are clearly making waves in the venture capital world with their focus on early-stage startups. In this episode, we talk about investing at the pre-everything stage, what did pre-seed look like in the past, how do companies change from pre-seed to series a, difference between raising money from angels vs institutionals, thinking long term while keeping the short term in mind, how do revenue models develop overtime, investing in pre-seed when no one was investing in pre-seed, what makes founders believeable, how to think in a contrarian manner + so much more! Enjoy!