The Art of Building Startups and Fundraising, ft. Max Goldberg | Ep11

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There are tons of music creators who go unnoticed on Spotify!

Max Goldberg saw this firsthand and knew something had to change.
While still in school, he decided to tackle the problem, starting a side project with a few friends to bring attention to talented musicians who were hidden in the crowd.
What began as a small side hustle soon transformed into a full-fledged business model.

That side project turned into HotDrop, a platform that now helps millions of users discover amazing musicians worldwide. 🎶

With over 140+ countries using HotDrop, Max’s passion became a million-dollar startup, but it all started with a simple idea and a few late-night brainstorming sessions.

In this episode, we dive into Max’s journey, covering everything from the 0 to 1 phase of a startup.

00:00 Introduction
02:05 Early Days
05:34 Ideation and Validation of Business Ideas
08:51 The Journey at HotDrop
15:19 Pros and Cons of Startup Accelerators
26:15 Fundraising Challenges
29:07 Creating an Effective Pitch Deck
33:40 Securing Investor Meetings
38:25 When to Raise Funds for Your Startup
41:02 Hiring the Right Team
48:24 Max's Future Plans and Final Advice
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