The Founder Initiative

40 Episodes
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By: Adam ODonnell

Helping founders hit product-market fit, get funded & stay up-to-date. (Formerly TheTop.VC)

[VC Pitch] Foundation Capital's ($6B AUM), Partner Sid Trivedi <> Cofactory's, Founder Josiah Spartz
#150
04/23/2025

Listen to a real VC pitch in Silicon Valley and then go behind the scenes to hear what the VC actually thought... Sid Trivedi is a Partner at Foundation Capital https://www.linkedin.com/in/siddhanttrivedi/, a $6B VC fund in Silicon Valley! Josiah Spartz is the Founder of Cofactory.ai https://www.linkedin.com/in/itsjcs/, an agentic customer acquisition platform! FORMAT 1. PERFECT PITCH - Sid - shares what the perfect pitch would look like for a company in this sector 2. PITCH DISCUSSION - Joey & Sid have a pitch discussion! 3. VC CLOSED DOOR REVIEW - Sid shares more details...


450 early stage investments; Founder & GP; Michael Cardamone
#149
04/02/2024

LEARN --> how they got started & how to impress them in a pitch 1. How does Forum Ventures define its focus? #accelerator #startup 2. Which investment strategies resonate with you at Forum Ventures? #accelerator #growthstrategy 3. In your experience, why is Founder-Market Fit crucial for startup success? #startup #venturecapital 4. What founder considerations have personally impacted you according to Michael Cardamone? #B2B #SaaS


[$300M AUM] Navy SEAL & Olympian to Harpoon Ventures, Founder & GP; Larsen Jensen's Story
#148
02/27/2024

GEN AI summary! #LetsGo

Larsen Jensen, a former Olympic swimmer turned investment guru, has an impressive background that spans from the swimming pool to the Navy SEAL teams, and finally to the world of venture capital. His perspective on investment focus on dual-use technologies, which are applicable in both commercial and government sectors, is shaped by his unique experiences and his belief in their transformative potential. Jensen, who now heads Harpoon Ventures, sees these technologies as having significant geopolitical implications in today's world. He invests in next-generation technologies like AI, cybersecurity, and deep tech, with the vision...


[$70M raised] Productiv's funding & product-market-fit journey
#147
02/06/2024

(00:07:07) Challenges in understanding and managing SaaS applications

(00:15:24) Building Meaningful Connections for Startup Success

(00:18:13) Data-driven MVP development process

(00:23:27) The Power of Community Support in Startups


Immigrant founder to $10M+ raised; Oana Manolache, Founder of Sequel.io
#146
01/23/2024

1. Quitting job, paying the bills and creating MVP 2. Landing first customers 3. Closing a Seed round in 2-months


[$13M Raised] YC Space Tech startup, how they got funded; AstroForge's Founder, Matt Gialich
#145
01/09/2024

(00:03:44) "The hardest thing for any founder to do is actually do it...it's really easy to convince yourself that it's stupid and that it's wrong and that your idea makes no sense and that you can do it somewhere else. And almost none of the metrics, if you were to draw a column of pros and cons, you're probably never going to have more pros and cons to start a business. And that, I think, is the biggest challenge, is you have to go against everything you're taught, everything you know, and take this massive risk that may not pay...


What VCs expect during a pitch: Emil Capital's Managing Partner, Marcel Bens
#144
12/12/2023

LEARN 1. Do I need to send my deck to a VC before a meeting? 2. What questions can I answer, "I don't know" to during a pitch 3. How can I get connected with the right investors? Check out Emil Capital here --> https://emilcapital.com/about-us/ Check out Marcel Bens here --> https://www.linkedin.com/in/marcel-a-bens-91825b/


[$23M Raised] Getting into YC (no website) & how they hit product-market fit; CommandBar's Founder, James Evans
#143
12/05/2023

Please check out CommandBar --> https://www.commandbar.com/ and James Evans --> https://www.linkedin.com/in/james-evans-7086b3126/


8 Unicorns (Deel & Miro); Altair Capital's, Igor Ryabenkiy shares what he looks for when investing
#142
11/14/2023

GPT-Powered Summary

Igor Ryabenkiy, a successful investor who has backed eight unicorns, recently shared his approach to venture capital investment in startups on the Top VC podcast. In this episode, Igor emphasizes the importance of founders having a clear understanding of their goals, plans, and target market. He also highlights key factors such as scalability, market size, industry landscape, business model, and customer approach that impact his investment decisions.

One of the key traits Igor looks for in founders is their ability to clearly articulate their vision and strategy. He believes that when founders can...


[Exit to Salesforce] Troops's Founder, Dan Reich: How to fundraise without a product or customers
#141
10/26/2023

Closing a $1M+ round without customers or a product The key was in their analysis of the opportunity.


Exits to SAP & Medallia: Shreesha Ramdas, Founder of Lumber, why founder-market-fit is overrated & how to select the right industry
#140
09/26/2023

(00:01:31) Crafting a Compelling Story for Lumber

(00:07:08) Drive and Determination in Founders

(00:10:19) Founder's Assessment: Market Size, Competition, and Capabilities

(00:14:46) The Significance of Grit in Fundraising

(00:23:03) Understanding Customer Insights for Successful Fundraising

 

 

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Entrepreneurial Grit, Customer Focus, and Fundraising in Construction Tech Startups

 

In a recent episode of the Top VC podcast titled "Pitching Lumber In," entrepreneur Shreesha Ramdas shares his insights and experiences in the world of construction tech startups. Ramdas, who has successfully sold two companies in the past, is now...


[1,500 startups reviewed] Zamir Shukho, GP at Vibranium VC; founder motivation & customer discovery pitfalls
#139
09/12/2023

Zamir Shukho is a seasoned founder and venture capitalist with a wealth of experience in the startup ecosystem, having established 42 accelerators and worked with over 1500 companies... HIGHLIGHTS (00:00:28) Investing in Strong Teams and Tangible Progress (00:02:54) Uncovering Customer Problems and Emotions Effectively (00:05:40) Seed stage Venture Fund specializing in B2B SaaS startups (00:08:18) Navigating Conflict and Geopolitical Challenges as a Founder/VC


Former a16z Partner, Rex Salisbury, now GP at Cambrian; Speed of execution & career highs and lows
#138
08/29/2023

Check out Rex and Cambrian! Youtube: https://www.youtube.com/@CambrianHQ Linkedin: https://www.linkedin.com/in/rexsalisbury/ (00:00:22) Speed of Execution (00:01:22) Fintech Investing (00:03:40) Building a Community (00:05:20) Time Commitment in Venture Capital (00:14:00) Benefits of running a solo GP firm (00:19:30) Size of Opportunity in Fintech 00:00:22 - Speed of Execution Speed of execution is a crucial factor in building a successful startup, as highlighted by Rex Salisbury, the founder and GP at Cambrian. He believes that founders who can quickly navigate the idea maze and improve their ideas are the ones to watch. Rex looks for founders who actively seek feedback and iterate...


Navigating Fundraising Challenges: Insights from Whizz's Co-founder Mike Peregudov, Post $1.5M Seed Extension
#137
08/15/2023

Mike Peregudov shared his experience of overcoming fundraising challenges and offered valuable insights on the importance of a structured process, tailored pitches, and incorporating the company's vision and mission. We'll delve into Mike's journey, practical advice, and data-driven insights to help founders navigate the fundraising landscape.(00:06:35) But this current seed round extension we raised mostly from early stage funds and angel investors and they are not that mission and vision is not that important for them. QUOTE (00:12:49) Our monthly updates, we build them like beautiful PDFs and a lot of news inside, quite honest, being honest there being sharing a...


[$75M* Raised] Solve for: VC engagement; Matt Martin, Founder of Clockwise
#136
08/01/2023

In this podcast episode, Matt Martin, founder of Clockwise, shares his journey of securing over $75 million in funding and the tactics he used to break through the attention barrier of investors. Adam O'Donnell joins the conversation to discuss the importance of focusing on the inputs they can control and to introduce through email, reach out to VCs on LinkedIn and Mastodon. Whether you're just starting the process or need to refresh your strategy, this podcast provides helpful information and insight into the world of VC funding.


[$5M Raised] Power Through Funding Doubt: Black Founder Success, Devo Harris, Founder of Adventr
#135
07/25/2023

#entrepreneurship #funding #blackfounders #VC #doubt #belief #raisefunds #podcast #TheEntrepreneursJournal #motivation


MARL Accelerator's GP: Integrity, Due Diligence, and Early-Stage Investing
#134
06/22/2023

[00:00:00] Early-stage investing and integrity prioritization

[00:03:07] Founder-Focused Accelerator Program Expansion

[00:06:17] Integrity in Founders and Venture Capital

[00:09:25] Investing in Founders with Integrity

[00:12:27] The Value of Due Diligence in Early-Stage Investing

[00:15:28] Building a Supportive Podcast Community


1# Correlation to Startup Success: $340M AUM, Clear Ventures's GP, Rajeev Madhavan (2x founder)
#133
06/13/2023

Finding Investment Success with Clear Ventures' Rajeev Madhavan

Clear Ventures' founder and general partner, Rajeev Madhavan, knows what it takes to succeed in early stage investment. During a recent episode of TheTop.VC podcast with host Adam O'Donnell, Madhavan shared his insights on what he looks for when considering an investment opportunity.

Madhavan emphasized the importance of having a strong background in technology. However, pedigree and expertise are only part of the equation. The next key factor is trust. Startups require resilience and the ability to handle the uphill battles that come with building a...


[$9.9M Raised] Do you have a moat? Answering VC's, funding 101: David Fink, CEO Postie
#132
05/23/2023

Join Adam O'Donnell on TheTop.VC podcast as he talks to Dave Fink, founder of Postie, about his experience in raising a reasonable seed round, building disruptive technology, and finding a revenue model to offset costs. Dave shares his insights on how to approach VCs during the fundraising process and emphasizes the importance of having thick skin and a belief in the product. He also discusses the need to focus on the value a business provides and not get bogged down by the noise and risks that come with fundraising. Tune in to learn how Postie is helping founders who...


[$29M raised] Getting Sequoia to Invest In Your Seed; Brian, CEO of Doppler
#131
05/09/2023

Doppler's CEO, Brian Vallelunga shares how they got Sequoia to invest in their seed round! He shares his experience with Sequoia and emphasizes the importance of understanding that fundraising is a game that requires a strong story, with no pitch deck required. He also discusses Doppler's mission to help developers manage API keys and how every company is becoming a software company, making secrets management essential. With engaging narratives and real-life anecdotes, this episode is a must-listen for any startup founder looking to build enduring businesses and succeed in the software-driven world.


Inside the Mind of a Solo Capitalist; Itamar Novick, Managing Partner of Recursive Ventures
#130
05/02/2023

Introducing TheTop.VC podcast, where host Adam O'Donnell has an exciting chat with Itamar Novick, founder of Recursive Ventures. They discuss how Itamar invests in early-stage startups that revolutionize industries like financial services, insurance, and real estate by leveraging data and machine learning. He also talks extensively about his investment experiences with promising companies like Tomato AI, Clarity AI, and Claire AI. The discussion covers Itamar's successful approach in evaluating startups, go-to-market strategies, and the critical issue of fake content, along with market discovery for deep fake solutions. Listening to this episode will give valuable insights into the world...


Investor in Gusto & Robinhood; Chamaeleon's Managing Partner, Nuno G. Pedro; how VCs evaluate founders, DD process unpacked, and pitching without slides
#129
03/30/2023

Article 1: The Importance of Dialogue and Communication in Presentations

 

In this episode of TheTop.VC podcast, Adam O'Donnell interviews Nuno G. Pedro, the managing partner at Chameleon, an early-stage VC firm in San Francisco. Nuno speaks about the art of communication and presentation, and how important it is to incite dialogue with an audience.

 

Many founders often focus too much on presenting slides to their audience, forgetting to create opportunities for engagement and feedback. This is a common mistake, according to Nuno, as the objective of slides is to initiate dialogue an...


Founder Market Fit - what are investors actually looking for? VC, Emma Silverman, from TMV shares her perspective
#128
03/21/2023

Founder Market Fit - Familiarity with the ecosystem - What is your experience? - Early stage investing is those two things (Vision + Team ) - Investors will do DD on your past. They will talk to people that worked for your in the past


Sequoia & Kleiner invested pre-product; Shane Curran, Founder of Evervault shares what he did
#127
03/14/2023

Young founder, no product, or real working experience...

First 2-years were just trying to get capital

What broke through?

 - qualifying investors

 - going in person

 - working on the problem in a personal capacity for 5 years, as a teenager 


[$0-IPO] Braze's Founder, Mark Ghermezian; now running m]x[v Capital; how to evaluate early stage founders
#126
03/07/2023

1. The founders have a thesis  

2. The product is the way to get there

3. Are they keeping their ear to the ground?

4. Are they continuously iterating?

5. Are they applying what they're learning?


4 weeks of runway to $48M total raised; how did Therma's founders, Manik Suri and Lucas Tepman do it?
#125
02/28/2023

Asking yourself, "if I knew what I know now, would I still pursue this business?" If the answer is no, you've saved yourself a lot of time! If it's yes, proceed with full force!

 

 


[Seed Investor in Paypal & Co-Founder of Eventbrite] Kevin Hartz, GP at A* Capital; what does he look for in a founding team?
#124
02/14/2023

[Seed Investor in Paypal & Co-Founder of Eventbrite] Kevin Hartz, GP at A* Capital; what does he look for in a founding team?

Biggest learnings -->

  - Show investors that you have grit & intellect - how? It should be obvious from your background.

 


Tesla of Motorcycles? - Oben's Founder, Madhumita Agrawal; funding a hardware startup in a recession
#123
02/13/2023

Tesla for Motorcycles? - Oben's Founder, Madhumita Agrawal; funding a hardware startup in a recession

- Keep fundraising until the money is in the bank!

- Referrals, referrals, referrals

- Fundraising is for founders 


TechCrunch Disrupt Winner: Minerva Lithium's Founder, Sheeba Dawood; how did they win?
#122
02/07/2023

What's it like to win Techcrunch Disrupt? Minerva Lithium's founder shares what they did, how she felt, and what their building!


[$1.3B AUM] Crosslink Capital's Tobias Nilsson-Roos: how to nail your first meeting with a VC
#121
01/27/2023

How to nail your first meeting with a VC-->

1. Solve for getting a second meeting

2. Nail your story/narrative

3. Don't explain every part of your business!

 


VamosVentures's Principal, Ashley Aydin: breaking imposter syndrome during a pitch, LatinX investment trends, & Miga Health investment reasoning
#120
01/24/2023

Ashley Aydin is a Principal at VamosVentures. They invest in early-stage tech-enabled companies led by Latinx and diverse founders!


[$600+ AUM] M13's Anna Barber; why multiples ACTUALLY went down & how to shift your funding strategy
#119
01/17/2023

Who will get funded now?

Capital efficient, but don't suck too much capitalVelocityConsistency - great investor updates


[$10M Seed] Using a white paper to oversubscribe your round; Dan Bladen, Founder of Kadence
#118
01/05/2023

The most impactful strategy you used to close your round?

 - Wrote a white paper...there are a lot of companies out there. They wrote a white paper about the future of work

 - Wrote it on Notion, put it behind a wall, 15-20 min read...filtered out those that are interested...


Angular Ventures's, David Peterson: 3 things VCs look for what YOU might not have in your deck?
#117
12/13/2022

Angular Ventures's, David Peterson: 3 things VCs look for what YOU might not have in your deck?

Secret insight & how did you find it?Is there a movement that you could be the center of? Can you attract the right talent? 


GTMfund's Scott Barker; nail these 4 things if you want a chance of raising in this environment
#116
12/08/2022

Nail these 4 things if you want a chance of raising in this environment

 - Who was your warm intro? How well do they know the space?

  - Founder conviction is super important. What brought you to this point? How did you come across this problem? Why dedicate the next 10 years to solving it?

   - Real advisor relationship in your slide deck?

   - Can you withstand industry expert scrutiny?

   - How organized is your data room? Send it fast and make it detailed. 


[Airtable's former VP of Growth] Darius Contractor; showing VCs how you could return their fund
#115
11/15/2022

How do you show a VC that your company could return their fund?

--> Strategic Sequencing...

 


[$12M Seed, Greylock Invested] Rishabh Jain, Co-Founder of Fermat Commerce; raising in a downturn
#114
11/08/2022

[$12M Seed Greylock invested] Rishabh Jain, Co-Founder of Fermat Commerce; raising in a downturn

- thesis alignment is more important during a downturn

- what is your mega trend? 


Mendoza Ventures, GP Senofer Mendoza; how to share the 'elephant in the room' with a VC
#113
11/01/2022

You have something in your business that is scary to a VC...make sure you share it the right way


Atlassian Ventures & others just invested $12.5M in Allstacks; learn from founder Hersh Tapadia on how he did it
#112
10/27/2022

What's it like to raise a round right now? Learn what Hersh did to close a $12M Series A. Companyon Ventures, Atlassian Ventures, and CreativeCo join returning investors to fuel accelerated go-to-market investment


Fiat Ventures, General Partner, Drew Glover: sharing your GTM tests and strategies in your deck
#111
10/18/2022

- sharing your GTM tests and strategies in your deck - getting creative with your GTM and how to share that with investors