Growth Leap

Raising $3.5M from Mark Cuban, Twitter, and Zynga to fight online misinformation with AI

October 08, 2020 Stun and Awe Episode 12
Growth Leap
Raising $3.5M from Mark Cuban, Twitter, and Zynga to fight online misinformation with AI
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Show Notes

Today’s guest made it his mission to reduce online misinformation & abusive content from the internet. Dhruv Ghulati is Founder and CEO of Factmata, a London-based tech startup who uses unique algorithms to score and classify content. Since 2017 he has raised 3.5 million from the likes of Mark Cuban, owner of the NBA’s Dallas Mavericks, but also from the Founders of Zynga, Brightmail, Twitter, and Craigslist, to name a few.

He’s building an AI to bring more truth to the world. Dhruv has a truly outstanding experience. We talk about how he went from investment banking to launching his own company, traction, fund raising, and we cover some of the mistakes he made along the way.

We talk about:

  • Factmata’s Unique Selling Proposition
  • Dhurv’s path from investment banking to founding AI-powered startup
  • How Dhruv balanced impact and profitability
  • Factmata’s incredibly effective customer acquisition strategy
  • Some early mistakes Dhruv made with go-to-market strategy
  • Dhruv’s advice on fundraising and the story about how he bring investors like Mark Cuban, Mark Pincus, Founder of Zynga, Sunil Paul, Founder of Brightmail, Biz Stone, Co-founder of Twitter, Craig Newmark, Founder of Craigslist
  • How Factmata approached challenges such as algorithmic biases
  • Dhruv’s top mistakes as a first-time tech startup founder
  • His ideal employee profile

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