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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Drew Falkman
This is amazing. I love it. Always appreciate what you're doing out there for startups and hackers everywhere, @rrhoover!
Chris Messina
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. :)
Kushal Shrestha
@chrismessina @rrhoover can't wait to see what unfolds here 👀
Jordi Mon Companys
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.
Lisa Dziuba
Love this, so sad that I'm not a founder right now :)
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?
Ryan Hoover
Ruben Boonzaaijer
@sentry_co Tap looks great! I'm notified! ps. ringly.io is live today your support would help us out a lot
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
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
Anshul Raghav
@rrhoover great opportunity. Sent you the mail 😁
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!
Reed Houcek
I could use some help.
Ryan Hoover
@reed_houcek me too, my man
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.
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