Ep 18 How Lloyed Lobo Transitioned Boast ai from Bootstrapping to Raising $123M in Equity and Debt
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 Published On Oct 3, 2023

In this episode of Fundraising Demystified, Jason Kirby sits down with Lloyed Lobo, co-founder of the successful startup Boast.ai. He shares their journey of two failed ventures before discovering the potential in automating broken application processes for government incentives, resulting in $10 million in revenue. He dives into the strategies and tactics that enabled his company's growth. Join us as we explore the world of growth equity, the rise of micro-influencers and personal brands, the power of building a community, and the art of bootstrapping a company to success. Don't miss this fascinating episode full of valuable advice and firsthand experiences from an industry expert. Tune in now!


You can reach Lloyed Lobo on his LinkedIn account here:
  / lloyedlobo  
To know more about his book,check this out: https://www.lloyedlobo.com/
To join his community: https://www.tractionconf.io/
To learn more about Boast.ai go to: https://boast.ai/
Check out Lloyed’s podcast here    / @startuptraction  


Hosted by Jason Kirby -   / jasonrkirby  
Thunder website - https://web.thunder.vc
Podcast on Spotify: https://open.spotify.com/show/4OMEcQ3...
Email Jason at [email protected]

Thank you for being a loyal subscriber to Fundraising Demystified. We appreciate your support, and we're excited to continue bringing you more inspiring stories from successful founders.

01:38 The importance of sales in Lloyed's journey.
04:47 Started their business through bootstrapping as a services company.
07:50 Shifting outreach strategies.
13:05 Growth equity in investing.
17:35 Focusing on building a great business.
23:22 Evaporating Fortune 500 companies.
24:20 Government cashback for R&D.
26:40 Community-led growth.
35:45 Personal definition of success.

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