Lessons from Building a Startup: Fundraising, Building in Public, and Going Viral
In the fast-paced world of startups, every day brings new challenges, lessons, and opportunities. Recently, Ryan and I have been deep in the trenches, building our video editing startup that leverages text prompts to simplify the editing process. Our journey so far has been a rollercoaster—going viral on social media, navigating the fundraising landscape, and learning the art of building in public. Here’s an inside look at what we’ve learned and what’s coming next.
From Viral Launch to Fundraising Realities
Our launch video hit over 750,000 views on Twitter, with additional traction on Threads and Instagram, gathering hundreds of thousands of impressions. This virality brought a flood of venture capital (VC) interest and jumpstarted our fundraising journey.
Key Fundraising Insights:
- Momentum is Everything: We initially aimed to raise $1 million but paused after raising $100,000 because momentum slowed. Fundraising is like a sprint; packing meetings close together keeps energy high and increases your chances to close quickly.
- Guide the Conversation: Early on, I treated VC meetings like job interviews, passively answering questions. Instead, founders should actively guide conversations to highlight the vision and opportunities.
- Handling Rejections: Hearing "no" is part of the process. Some founders pitch hundreds of investors before getting a "yes." The first lead is often the hardest.
- Product Focus is Crucial: While fundraising is important, focusing on building a product customers love is the ultimate goal. We’re gearing up to raise aggressively again once we have more traction and retention.
Building a Product People Love: The Video Editing Revolution
Our startup is building a tool that allows users to edit videos using simple text prompts — no more tedious timeline dragging. Imagine uploading raw footage from your vlog and quickly getting a first cut generated by AI, with the ability to refine edits via text.
What We’ve Learned About Product Development:
- Validate the Problem, Then the Product: We validated that users want this tool but are still working on making the product good enough for continuous use.
- Iterate Quickly: We’re focused on improving speed, user experience, and reliability. The goal is to launch a solid MVP soon.
- Leverage AI Smartly: Using models like Gemini, we analyze video style inspirations and automate filler word removal and B-roll insertions to streamline editing.
The Emotional Rollercoaster of Going Viral Early
Launching a product before it’s fully polished to go viral is a double-edged sword. On one hand, it generates invaluable feedback and user data. On the other, it exposes you to criticism and self-doubt.
- Expect Criticism: We wanted some “angry people” because it meant folks cared. It was tough mentally, but the feedback shaped the product direction.
- Learning Through Exposure: Being judged publicly is painful, but it beats building something no one uses.
- New Startup Playbook: Launch a rough MVP → Go viral → Learn from user data → Build a better product → Retain users. This approach is gaining traction but still evolving.
Building in Public: Why and How
Sharing your journey openly can be a game-changer for distribution and growth.
Tips for Building in Public:
- Pick One Platform: Don’t spread yourself thin. Start with YouTube, Twitter, or another platform and master it before expanding.
- Consistency Over Quality: Early content won’t be perfect. Focus on producing 10-50 pieces to build confidence and momentum.
- Think Audience, Not Algorithm: Tailor your content to resonate with your target viewers rather than just chasing algorithmic favors.
- Personal Branding Matters: As software distribution channels grow, your personal brand becomes a crucial asset.
The San Francisco Advantage
Moving from Las Vegas to San Francisco has been a pivotal decision. Despite the city’s challenges — cost, crowding, and more — the proximity to ambitious founders, cutting-edge tech, and startup events has accelerated our growth.
- Momentum Through Community: Being around founders and attending events sparks new ideas and opportunities.
- Access to Resources: Offices like Adobe and communities like Founders Inc. provide invaluable connections.
- Balancing Grind and Networking: While focused work is essential, networking and relationships pay dividends in the long run.
Life Beyond the Code: Staying Balanced
Building a startup is intense, but taking time for mental and physical health is key.
- Clear Your Head: I’ve been getting back into basketball to recharge.
- Stay Resilient: Fundraising and building can be grueling, but having the heart of a lion makes all the difference.
What’s Next?
We’re grinding on the MVP, improving the product, and running marketing campaigns to grow our user base. We’re excited to attend upcoming events like the Cluey and Browser Base launch parties, where we’ll connect with other founders and VCs.
If you’re interested, you can try out our early product and give feedback — your insights help us build something truly valuable.
Final Thoughts
The startup journey is a mix of highs and lows, viral moments and silent grind, rejection and breakthroughs. Embrace the pain, build openly, stay focused on your users, and be ready to pivot and learn fast.
If you’re building a startup or thinking about it, remember: momentum, community, and persistence are your best friends.
Follow our journey and join the conversation on Twitter and YouTube as we continue building the future of video editing.