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How to come up with a $180 million problem worth solving | Levi Fawcett (Partly)

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Levi Fawcett is the co-Founder and CEO of Partly, a Christchurch-based company building a global platform to make it simple for buyers to find the right parts for their vehicles. 

In this episode, Levi shares the path that led him and his co-Founders to find a problem and opportunity that is so big, it led to a US$1.2 million pre-seed round, despite having no pitch deck, no connections and no revenue; the milestones they hit to achieve a NZ$37million raise at a NZ$180 million valuation in their series A capital raise (making it the largest in New Zealand history); and the questions he asked when he was vetting investors for their capital raise. 

 

Resources and links:

Levi Fawcett | LinkedIn

Partly

Blackbird Ventures

Peter Beck (Rocket Lab)

Square Peg Capital

The Life You Can Save (Peter Singer)

20 Minute VC

Lex Fridman podcast

Radiolab podcast

 

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