Cutting through the Noise
Michael SchneiderFundraising stories that don't waste your time. One founder story per edition.
| Platform |  | Pricing | Freemium | Publishes | Weekly |
|---|---|---|---|---|---|
| Issues | 19 | Founded | 4 years ago | Last Issue | 10 days ago |
| Active | |||||
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schneida.substack.comLatest Issues
They Met 45 Funds and Got Zero Term Sheets. Then the Round Died. Then It Closed.
The real story of sunbay.io's €550K pre-seed, and why both funds that said no ended up writing the cheques.
Days before Christmas 2025, the last two venture funds still in serious diligence on sunbay.io both passed. That made the final sco...
They Were Tokenizing YouTube Videos. Now They Move Millions a Day
The accidental pivot that turned Talentir into a payout-infrastructure company, and got an ex-Google CFO to back it.
Talentir is six people and two founders. By the time it raised this round, it was already profitable, the new product was...
Why Sequoia Led Odessia's $6M Pre-Seed Before a Single Line of Product Shipped
Sequoia scored his idea a 7 out of 10 and led the round anyway, on a decade-deep edge and a very public failure. The redemption-raise playbook, in full.
“Twenty-six years old, billion-dollar valuation, San Francisco, a thousand employees....
He Sold the Round Before He Opened It: How Podero Staged a €5.5M Oversubscribed Seed
Three months of staged news, no-pitch coffees, and a round run like a sales pipeline. The full playbook.
Most founders open a round and then go looking for momentum. Chris Bernkopf built the momentum first, and only then let anyone know he...
From a Wine Cellar to a16z in 18 Months
How four Swedes made the most boring job in engineering the most-watched fundraise of the year.
Eighteen months ago, four people were working in an unheated wine cellar in Stockholm with no lights. This month, one of them announced a $50 m...
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Exited Founder I Venture Partner & Scout | Fundraising & Startup Advisor
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