3 ms·

I wrote this post and if anyone has any questions about the process of fund-raising, I'll try to answer them. Got my pearls of wisdom in a little bag next to th

by vonnik 10y ago

I wrote this post and if anyone has any questions about the process of fund-raising, I'll try to answer them. Got my pearls of wisdom in a little bag next to the laptop. ;)

timanglade 10y ago
Hey hi Chris! Nice to see you in these parts. It’s been amazing to see you go through YC and get that fundraising done and chat with you since then. Clearly you guys have done a great job of learning — and really internalizing — this kind of business lesson, which can be hard to grasp for most founders in the madness of YCombinator. I’d highly encourage everyone to take the advice contained in the article seriously. Hyped areas like Deep Learning can sometimes provide companies an extra bit of float when it comes to fundraising but as Chris says, there’s no substitute for great fundamentals + lots of practice when it comes to fundraising. Please keep sharing Chris.
- vonnik 10y ago
  Thanks, Tim! :)
dxbydt 10y ago
This - > a quick warning to machine-learning grad students: You’re not going to raise on an algorithm...they are going to ask you: Why should the world care? And this - > To get users, you need a product, to get a product, you need funding, and to get funding, you need users. I’m sure you can appreciate the catch-22 But especially this- >bootstrapping marathon of many nights Thanks for writing this. Its hard to empathize with these crazy folk, until you become one of them & then you realize Woah! Its a relentless sleep-deprived grind. Haven't felt so groggy since grad school. That said, light at the end of tunnel etc. Keeps me going. I actually use DL4J on the backend, so thanks again!
- vonnik 10y ago
  Wow, it's always great to meet a DL4J user! Hope you've tapped into our community on Gitter: https://gitter.im/deeplearning4j/deeplearning4j https://gitter.im/deeplearning4j/deeplearning4j Let us know if we can help.

by vonnik 10y ago

I wrote this post and if anyone has any questions about the process of fund-raising, I'll try to answer them. Got my pearls of wisdom in a little bag next to the laptop. ;)

timanglade 10y ago

Hey hi Chris! Nice to see you in these parts. It’s been amazing to see you go through YC and get that fundraising done and chat with you since then. Clearly you guys have done a great job of learning — and really internalizing — this kind of business lesson, which can be hard to grasp for most founders in the madness of YCombinator. I’d highly encourage everyone to take the advice contained in the article seriously. Hyped areas like Deep Learning can sometimes provide companies an extra bit of float when it comes to fundraising but as Chris says, there’s no substitute for great fundamentals + lots of practice when it comes to fundraising. Please keep sharing Chris.

vonnik 10y ago
Thanks, Tim! :)

dxbydt 10y ago

This - > a quick warning to machine-learning grad students: You’re not going to raise on an algorithm...they are going to ask you: Why should the world care? And this - > To get users, you need a product, to get a product, you need funding, and to get funding, you need users. I’m sure you can appreciate the catch-22 But especially this- >bootstrapping marathon of many nights Thanks for writing this. Its hard to empathize with these crazy folk, until you become one of them & then you realize Woah! Its a relentless sleep-deprived grind. Haven't felt so groggy since grad school. That said, light at the end of tunnel etc. Keeps me going. I actually use DL4J on the backend, so thanks again!

vonnik 10y ago
Wow, it's always great to meet a DL4J user! Hope you've tapped into our community on Gitter: https://gitter.im/deeplearning4j/deeplearning4j https://gitter.im/deeplearning4j/deeplearning4j Let us know if we can help.