@ednevsky Absolute game-changer! π₯ No Cap moves faster than a YC batch on Demo Day). An AI wiring $100K in minutes? Insane. Big respect to Hunter @garrytan β had to tag the legend. At this rate, No Cap might get into YC next. π
I'm Jeff - co-founder alongside with Alex and what is essentially our other Co-Founder, @No Cap. I just wanted to leave a couple notes here on why are we making No Cap. For me, I raised the only fully uncapped (aka No Capped lol) round in my S21 batch of Y Combinator. Despite being a somewhat competent fundraiser, it still took me over 70 initial meetings to close my demo day round. The slowest and worst part of building a company is raising money. Even in YC (the 20th anniversary was yesterday!), where the fundraising mechanism is amped and tuned to the max, it takes founders dozens of meetings after demo day to get a round closed. It's really ridiculous if you think about it - founders shouldnβt be pandering to investors and dancing around up on stage, they should be building and accelerating the boom loop. So we built No Cap to be different. Sheβs more than some basic deep-research quantβshe does all that, but the difference is that she talks to and learns from actual founders. She can take 1,000 meetings at once in dozens of languages. Sheβs not at Burning Man or the All-In Summit. She doesnβt need to βrun this by the team on Monday and circle backβ (aka weβll pass). She never ghosts. It's early - she's learning - and we have a long way to go, the three of us, but we aim to really change how the funding game works, and ultimately maximize founder contributions to a future better world for all.
Hey guys, sounds like a super bold vision, but you've got the right team to make it work! Congratulations on your launch, and @garrytan is never sleeping, shending ships to space!
Amazing idea! It looks like the future is already here!
By the way, were any people involved in the investment process for Steveβs $100K deal? Or was everything: from the beginning to the signed SAFE, handled entirely by the AI agent?
This is wild. An AI cutting through all the noise and just wiring $100k in minutesβno endless pitches, no ghosting, no chasing for intros. If this scales, fundraising might actually become founder-friendly for once. Curious to see how No Cap evolves beyond just writing checks.
Replies
oh wow, this is really cool
No Cap
@mattisssaΒ Thx!
IKI.AI
@ednevsky Absolute game-changer! π₯ No Cap moves faster than a YC batch on Demo Day). An AI wiring $100K in minutes? Insane. Big respect to Hunter @garrytan β had to tag the legend. At this rate, No Cap might get into YC next. π
No Cap
@garrytanΒ @max_orlov_onyΒ Thx!
No Cap
@garrytanΒ @max_orlov_onyΒ No Cap is already YC backed lol.
Carrot Care
This looks super cool. I've messaged No Cap on linkedin and it looks like I have to email her? Will linkedin inbox work soon? Excited
No Cap
@kuriloΒ We're working hard on making her truly multi-platform, including PH soon? @rajiv_ayyangar
Carrot Care
@rajiv_ayyangarΒ @ednevskyΒ that is great!
Very cool! Is this vision to be a tool for founders? Or VCs, or both?
No Cap
@leah_maddenΒ Everyone in venture - and No Cap is not a tool!
No Cap
I'm Jeff - co-founder alongside with Alex and what is essentially our other Co-Founder, @No Cap. I just wanted to leave a couple notes here on why are we making No Cap. For me, I raised the only fully uncapped (aka No Capped lol) round in my S21 batch of Y Combinator. Despite being a somewhat competent fundraiser, it still took me over 70 initial meetings to close my demo day round. The slowest and worst part of building a company is raising money. Even in YC (the 20th anniversary was yesterday!), where the fundraising mechanism is amped and tuned to the max, it takes founders dozens of meetings after demo day to get a round closed. It's really ridiculous if you think about it - founders shouldnβt be pandering to investors and dancing around up on stage, they should be building and accelerating the boom loop. So we built No Cap to be different. Sheβs more than some basic deep-research quantβshe does all that, but the difference is that she talks to and learns from actual founders. She can take 1,000 meetings at once in dozens of languages. Sheβs not at Burning Man or the All-In Summit. She doesnβt need to βrun this by the team on Monday and circle backβ (aka weβll pass). She never ghosts. It's early - she's learning - and we have a long way to go, the three of us, but we aim to really change how the funding game works, and ultimately maximize founder contributions to a future better world for all.
No Cap
@jeffwilson42Β LFG!
DiffSense
@garrytan Finally you can quit YC and spend all your time on PH instead πΈ
No Cap
@garrytanΒ @sentry_coΒ Haha
IKI.AI
Hey guys, sounds like a super bold vision, but you've got the right team to make it work!
Congratulations on your launch, and @garrytan is never sleeping, shending ships to space!
MeMemes
Amazing idea! It looks like the future is already here!
By the way, were any people involved in the investment process for Steveβs $100K deal? Or was everything: from the beginning to the signed SAFE, handled entirely by the AI agent?
No Cap
@nikolay_golosΒ Almost entirely!
Steve - AI for E-com
This project is absolutely incredible! Dropping βNo Capβ to get more info!
No Cap
@anton_vlasovΒ Haha thx!
Fedica
This is wild. An AI cutting through all the noise and just wiring $100k in minutesβno endless pitches, no ghosting, no chasing for intros. If this scales, fundraising might actually become founder-friendly for once. Curious to see how No Cap evolves beyond just writing checks.
No Cap
@albattranΒ Me too!