Henry Shapiro
๐ค SpeakerAppearances Over Time
Podcast Appearances
That 500,000 basically took us to get our first feature out, which was this calendar sync feature, which we launched on product time.
Got quite a bit of traction on that.
And then we launched a feature called Habits.
We launched a very early version of Habits, which at the time was literally just like lunch and ketchup.
It was like a separate feature where you could block time for email and block time for lunch.
And they approached us not long after that and asked if we'd be interested.
And we asked them if they'd be open to doing a smaller round.
At that time, we were like, look, we're building really quickly.
Raising is awesome, but we're just not ready to take that step yet.
We're in a really good groove here.
And would you be open to doing a smaller amount of money on a safe?
And then as we get to the seed round, we'll include you there as well.
And they were open to that.
Uh, I'm trying to remember, I believe it was a capped note and I think the cap was 10 and I think we added, we added a discount as well.
The last round closed, I believe we announced it in May of this year, and that was for 4.8.
And that was across Index led the round, Shardul Shah at Index Ventures, and then Gradient, who we had actually spoken with in our first funding go-around, came in and added some to it as well.
And then we actually went through this pretty long process that I think made the round take a lot longer to close.
How long?
it probably took two, three months, I'd say in total to get everything fully, fully, fully closed.
A big part of that was that we brought 40 or 50 other strategic angels, including Tope from Calendly into the cap table.