Jason Hsiao
๐ค SpeakerAppearances Over Time
Podcast Appearances
So we raised...
um, basically kind of like, I guess what we call a family and friends round, but all our kind of friends and family in the Seattle area, we hit them up for checks of like 25,000 and $50,000.
And we're like, you probably will not see this money back, but if you love us, give us this money and, you know, help us, uh, chase our dreams.
So we gave ourselves a year and that we basically raised enough to kind of like, how much did you raise?
We raised a, it was a few hundred thousand dollars.
It was basically just enough for us to pay rent and,
and feed ourselves kind of like minimal food and get by for a year.
This was before.
This was before.
Well, no, we had actually gotten that early around.
We had actually, luckily we had already kind of gotten going with the family and friends round.
Um, and then, yeah, we were actually about to raise kind of our first serious round, like literally the day, the week of that, where everything kind of like everything crashed and
Sequoia posted their rest in peace, you know, memo or whatever it was.
And we were like sitting in waiting rooms at Sequoia and other places and then everything fell apart.
So we kind of had to kind of step back and kind of figure out what we wanted to do.
And then we launched our website in 2007.
Uh, well, if you're, if you count kind of like the salaries and everything that we kind of give, it was probably like, we probably put in a few hundred thousand dollars to three and $300,000 in total kind of our collective efforts and opportunity costs and the like that.
Well, we got.
We got kind of lucky somehow when we launched.
Honestly, we're total product and technology nerds.