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Ryan Hoover
Experiment: If your startup is growing fast and could use $300K, email me :)
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I ran a similar experiment on Twitter a while ago and realized I should have asked the Product Hunt community. First, some context: I started Weekend Fund in 2017 while I was still the CEO at Product Hunt. Today, @vedika_jain and I write $100K to $300K checks into early-stage startups (most of which launched on Product Hunt at some point). Our background is in product and community building, but we have a network of over 400 LPs across every domain from data science to enterprise sales. More details at weekend.fund. If you're primary KPI (revenue, MAU, etc.) is growing 20%+ for 6+ months, drop me a note with details ryan@weekend.fund. If you have a deck, please share but we'd also love to chat with founders that aren't actively raising but could use our capital and help. :)
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Chris Messina
Top Hunter
Will you share the results of this experiment (even if you don't name names)? :)
Ryan Hoover
@chrismessina yeah! I'll followup here in a week or so. :)
Ryan Hoover
@chrismessina @jordimonpmm I received several replies but none turned into a check (yet). Many companies are growing nicely, but still very early. There are also several AI-powered companies that have good growth rates but there's a common pattern of high churn as consumers get curious to try new things but are ultimately left disappointed.
Rajat Dangi 🛠️
Sounds amazing! https://mockey.ai has grown so well in the last 6-8 months! 1M+ Monthly users now 🚀 Sending a deck very soon. Mockey AI has come a long way since this launch :)
hey @rrhoover @vedika_jain - perfect timing 🤩 I sent you a deck, we are actively raising now after rebranding and a successful launch here on PH 🙌 are there any chances we still could be in? :)
André J
Nice inch! For 100-300k how much equity do you require in return? Ballpark number?
Ryan Hoover
@sentry_co it varies by company and stage. We target a 3%+ stake.
André J
@rrhoover Reasonable. ✌️ I'll ping you an email, once we hit exponential growth. Altho it would have to be apart of a wider raise with other investors. A $1-3m seed-round. Would you partake in such around for the right case?
Ruben Boonzaaijer
@sentry_co Tap looks great! I'm notified! ps. ringly.io is live today your support would help us out a lot
Lisa Dziuba
Love this, so sad that I'm not a founder right now :)
Drew Falkman
This is amazing. I love it. Always appreciate what you're doing out there for startups and hackers everywhere, @rrhoover!
AmazingSylvia
Love it, I am not a founder yet, but I hope I can make this progress in the future
Atticus Li
Wow, this is amazing. I just applied for my startup Jobsolv. I don't expect anything but it would be cool to just get advice on growing startups!
Neel Patel
@rrhoover but we haven't got past 6 months yet. What do you think?
Sathish Nagarajan (SNR)
Nice initiative!
Ruben Boonzaaijer
@sathish_nagarajan Interesting product! I'm notified! ps. ringly.io is live today your support would help us out a lot
PRIYANKA MANDAL
Hey Ryan, love the transparency and approach. It's great to see support for startups. If I come across any promising ones or if someone reaches out, I'll definitely point them in your direction. Cheers to fostering innovation.
Russ Halilov
do you invest in companies who are competitors with your portfolio companies?
Roy
Hi Ryan, Magic Prompt is founded by Umich students. For us students, no meed such a huge amount of money. $1k would be a great gift for us! 😊 https://www.producthunt.com/prod...
Michael Gammon
Hi Ryan, we have a growing pre-seed AI financial model building product and would love your support for our launch this Monday, please follow me, if you think we’re your sort of thing please get in touch, thanks, Mike
Anshul Raghav
@rrhoover great opportunity. Sent you the mail 😁
Markk Tong
Awesome experienment
Ruben Boonzaaijer
@markk0217 Museclip looks fun! I'm notified! ps. ringly.io is live today your support would help us out a lot
Pamela Christian
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Kevin Diaz
If any one of those companies in your portfolios need Ux/Ui help I’ll love to help :) kevindiazdesigns.com
Naresh Meetei
This is so cool. I wish I could launch my idea and grow it sooner.
Derek
Anyone who gets the PH cat king in their corner is on a fast track to success. Well done 👏🏻