CEO and founder of AXDRAFT. Y Combinator W19 alumni, ex-top 100 lawyers in Europe, disciplined entrepreneur on a mission to relieve lawyers from routine work and advance commoditization of legal services

1. From idea to 1.2 mln seed
round
Yuriy Zaremba

2. 1. Idea
2. Validation
3. Team
4. Launch
5. Traction
6. Acceleration
7. Funding
Key stages

3. 1. Idea

4. Good ideas are rare

5. What is a good idea
Solves a real problem

6. What is a good idea
Large market
Solves a real problem

7. What is a good idea
Large market
Solves a real problem
Doable and scalable

8. Where to look for problems
Experience

9. Where to look for problems
Be a genius
Experience

10. What is a good market
2 BLN+

11. What is a good market
Growing
2 BLN+

13. No major tech or regulatory
constraints
Doable and scalable

14. AXDRAFT case
Market: 5.6 BLN
Problem: Lawyers waste time on routine
No constraints: No legal advice

15. 2. Validation

16. How to validate idea
Talk to people
Research

17. 3. Team

18. What is a good team
Technical cofounder
Know and trust each other
Equal shares

19. 4. Launch

20. When to launch
MVP = value to customer
Launch NOW!!!

21. 5. Traction

22. Traction
Iterations shorter than a week
Talk to 10+ customer a week
Measure key metrics

23. AXDRAFT metrics pre-YC
Revenue (MRR) Docs generated

24. 6. Acceleration

25. What is special about YC
Fundraising machine
Exclusive founders network

26. How to get the interview
Know your numbers
Clear concise application
Ask YC alumni for feedback

27. How to get into YC
Build framework, don’t memorize
133 possible Q&A
Train

28. 7. Fundraising

29. Money is a responsibility

30. Silicon Valley is like Caroll’s
Wonderland for startups

31. Fundraising post-YC
Decisions are made in 1-2 weeks
AXDRAFT closed round in 3 weeks
All investments on SAFE terms

32. Tips on fundraising
Know your numbers
Get into YC
Send out investor updates

33. AXDRAFT had 157 investor
leads post Demo Day

34. AXDRAFT had 157 investor
leads post Demo Day
148 said - “NO”

35. Final remarks

39. 1% of the best startups may
be in this audience

40. Thank You!
yz@axdraft.com