Pursuing As An Entrepreneur, Raising Capital From Craft Ventures, Co-Founders of Honey, Sequoia, & More w/ Landon Sanford
In this episode, Shamus Madan chats with Landon Sanford, discussing his entrepreneurial journey and how he overcame failures. They delve into the workings of Compose AI and its future prospects, the transition to web 3 startups, and related fundraising challenges. They also explore strategies for raising capital during downturns, the importance of a lean model and survival mentality in startups, the necessity of early validation, market trends, and the concept of Minimum Viable Product (MVP).
Key Points
- Madan Sanford's entrepreneurial journey began with a beach shuttle service during high school, which sparked his interest in startups and led to founding over 10 companies, primarily in the AI space.
- Despite numerous failed startups, Sanford continues to pursue entrepreneurship, driven by the fear of regret more than the fear of failure, and a belief in the importance of persistence as echoed by investors like those from Sequoia.
- Sanford emphasizes the critical role of community in the startup ecosystem, as exemplified by his experiences at Launch House, where being surrounded by like-minded individuals can significantly impact a founder's motivation and success.
Welcome everyone to the MBIT Podcast, I am your host, Shamus Madan, and today Landon Sanford joins the pod to discuss his journey as a founder of 3+ companies with many of them being in the AI space. On the podcast, we will be discussing how Landon became interested in entrepreneurship, his journey raising millions from VC firms and investors like David Sacks at Craft Ventures, the cofounders of Hubspot, Honey, Kayak, Vercel, and more.
Twitter of Host: @mbitpodcast
Twitter of Guest: @landon__sanford
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Transcript
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