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Boop.Fun leading the way with a new launchpad on Solana.
Sometimes the right choice feels wrong for years, but pays off in the long run.
In 2018, everyone was raising $15-20 million in the ICO boom. We even had a $3 million offer after winning a competition. The influencers literally said "the check is ready" let’s just shake hands.
I was sitting in our tiny Mumbai office, looking at my co-founders. We hadn't paid ourselves in months, and I was two months away from my upcoming wedding
But this gut feeling remained: if I take this money, there will always be a ceiling to what we can achieve. Easy money always comes with invisible chains.
Selling out and saying yes would be the easy option. So we said no.
Then the bear market hit, and crypto winter began. It got to a point where VCs wouldn't even take our calls. I remember one meeting in Singapore where the VC literally said "I have to catch an Uber" while I was trying to walk him through while pitching also. I caught a glimpse on his phone that the car was 8 minutes out.
My friends all thought I was insane for turning down the offer. "You had $3 million and you walked away?"
That choice forced us to build differently. We had to solve real problems because we couldn't afford to solve fake ones. Then in 2020 we raised USD 550mn at 8-9 FDV.
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