Framework

The "Fall in Love First" Capital Framework

Bob's discipline around when to take outside money is a masterclass in founder accountability.

How it works

  1. 1Spend your own capital during research and validation. Losing your own money is acceptable. Losing someone else's is a contract.
  2. 2Only raise pre-seed when you are fully committed. The investor relationship is a formal promise to do your best for an outcome.
  3. 3Use the pre-seed period to validate, not to scale. Mistakes are expected. Communicate them.
  4. 4"Graduate from pre-seed" by hitting three markers: conviction in product, paying customers (even if not product-market fit), and a validated go-to-market strategy you can execute on.
  5. 5Use seed capital to go faster, not to do more. Speed is the moat when AI compresses build cycles to weeks.

Hear it on the podcast

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