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Fund/Build/Scale mini-episode | From seed stage to Series A with Coalesce CEO Armon Petrossian [Part 2]

Author
Walter Thompson
Published
Mon 22 Apr 2024
Episode Link
https://fundbuildscale.podbean.com/e/fundbuildscale-mini-episode-from-seed-stage-to-series-a-with-coalesce-ceo-armon-petrossian-part-2/

In part two, Armon explained why he initially resisted investor advice to raise a Series A and spoke frankly about the challenges involved with stepping up into a leadership role, which led to some interesting talk about overcoming impostor syndrome, something a lot of us can relate to.


Part 2:


  • show Series A investors market opportunities you've already validated [1:51]

  • focusing on enterprise sales from the beginning was a winning strategy [3:40]

  • "we had an enterprise sales option straight from the beginning' [5:21]

  • why he hired a full-time salesperson as soon as Coalesce exited stealth [6:52]

  • how he connected with co-founder Satish Jayanthi [7:22]

  • coping with imposter syndrome and overcoming the pressure to perform [12:18]

  • raising a larger Series A than planned led to better outcomes [14:23]

  • avoid talking to investors until you're ready to raise — then move fast [16:51]

  • candid advice for anyone who's interviewing with an early-stage AI startup [18:55

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