Asking VCs for Money

How Alex Bouaziz raised $14 million Series A for Deel

Episode Summary

Alex Bouaziz raised $14 million for Deel in a Series A led by Andreessen Horowitz

Episode Notes

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We're preparing an advice episode and we want your questions!

Have questions about how to meet investors, assemble a perfect pitch deck, and land an ideal term sheet? Send them in to raise@magidandco.com or tweet to @harris and I'll answer them in a future episode. 

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Alex Bouaziz, CEO of Deel, believes that founders should be cautious about raising too much money. Bouaziz sees fundraising as a process of founders selling off parts of their company to investors who want to buy, and stresses that your company is too valuable to sell off with too much dilution. In this episode, Bouaziz also discusses how the company transformed its presentation through rounds of iteration between fundraises, and why Andreessen Horowitz was ultimately the right match for Deel.