Sahil Arora
๐ค SpeakerAppearances Over Time
Podcast Appearances
So I showed them the rough sketches of the application which I had built.
So I showed them all of that.
After that, so I remember the third guy, he said that it's not going to work and even he
drop the call then the remaining two of them they said that we can try for a week so we'll see how it goes for a week if we are unable to get some productivity in a week then probably even we'll walk off so I remember that we drove we made the thing for a week with these guys who said that we're okay to do with it because they had no jobs at that point of time and they were 14 and 13 so
So basically they wanted to do something with their skills, but they couldn't utilize it somewhere.
So they said, probably if we kind of join your venture, we might just get something out of it.
So I said, cool, let's get started.
And if you make profits, we are definitely splitting that up.
So in a week, I remember we started building the product.
I've got around 10,000 cabs.
Yes, I'll tell you that.
So basically, as I told you, the early product I sold it off to a company.
So I had capital with me.
So I bootstrapped that capital initially for the hardware cost.
Yes, I'll tell you.
So I spent around $100,000 on the initial stages of the business, wherein we got our presents in around 1,000 cabs.
After that, we raised an investment from a venture capitalist.
That was $500,000.
And then we funded the remaining 10,000 cabs through that.
It was, it was from a VC.