In this 2015 #StartupsUnedited episode, Jorge Soto interviews Matt Mazzeo (investor + builder, formerly Coatue and Lowercase Capital) on topics that are even more relevant today: when to raise venture capital, why founders should prioritize shipping product, and how distribution is increasingly driven by people, creators, and culture.Matt breaks down why forcing fundraising around accelerators, demo days, or arbitrary runway timelines is usually the wrong move - and why the best founders treat fundraising as a tool (to hit milestones and scale), not a rite of passage.Why this convo still matters right nowIn today’s market, where founders can build faster than ever (AI tools, cloud, plug-and-play stacks) but fundraising is noisier and more competitive, Matt’s advice hits hard:Don’t raise just because you “should.”Build proof points.Ship product.Raise when you can scale outcomes (or when you truly have to).Topics covered in this episode:LA startup ecosystem and why it was heating up (and why it keeps winning in media, video, and consumer)Distribution + discovery: platforms may be built in SF, but influence and attention live in LA + NYCMatt’s unique path: CAA mailroom → venture & digital → building + investingLowercase’s early-stage approach: backing highly technical teams where they can materially helpWhat Matt was excited about (still relevant): video, developer tools, publishing, early machine learning / AI, and “dirty industries” that tech hadn’t touched yetFounder fundraising advice: avoid artificial fundraising windowsWhy “raising on a deck” is rare - and why founders should treat startups as projects you ship, not ideas you pitchGetting in touch with investors: why warm intros + product is the “killer combo”If you’re a founder, operator, or aspiring investor, this is a timeless playbook for building in noisy markets, choosing the right fundraising moments, and focusing on what actually creates leverage.📌 Subscribe for more unfiltered startup conversations with founders, builders, and investors.
💬 Comment below: Do you agree - should most startups bootstrap longer before raising VC?