Hamed Abbasi, Founder of Plooto | How to Pivot to Product Market Fit
Listen now
Description
 "Wouldn't it be cool if..."  Usually, those words are uttered by first-time founders. And unfortunately, they usually lead to terrible ideas. It was no different for Plooto. Their first idea sounded cool, but it didn't provide real customer value. Fortunately, Hamed noticed it and pivoted. Not once, but twice. This is the story of how Hamed pivoted from a Bitcoin-based payment service to an Accounts Receivable and Accounts Payable platform for small businesses. If you think you might need to pivot, this is the episode for you.
More Episodes
Andrew spoke with 120+ VCs to raise a $1.5M pre-seed round. He closed $2.7M and had demand for many millions more. He devoted 90% of his time to fundraising, but only took weeks from the first meetings to close. 99% of founders I meet do not fundraise at this level. It takes them longer to close,...
Published 06/24/24
Zoom was THE work-from-home stock. It's down 90% from peak. The same hype that fuelled work-from-home stocks is now fuelling AI. What happened to Zoom will happen to many AI companies. AI startups today need to carefully position against foundational models and incumbents. Here's how to think...
Published 06/20/24