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Why SecurityPal is choosing 'nuanced capital' over more VC rounds

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Manage episode 501390124 series 1403606
Content provided by TechCrunch, Rebecca Bellan, Kirsten Korosec, Anthony Ha, Max Zeff, and Theresa Loconsolo. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by TechCrunch, Rebecca Bellan, Kirsten Korosec, Anthony Ha, Max Zeff, and Theresa Loconsolo or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

During the SaaS crash of 2022, SecurityPal founder Pukar Hamal was just 14 months from running out of money. Rather than raise another round, he chose to restructure and focus on profitability — and he hasn't raised since his $21M Series A in 2021.

On today's episode of Equity, Hamal chatted with Julie Bort about what he calls "nuanced capital," a strategy focused on achieving cash flow positivity and sustainable growth rather than chasing the next big round. His approach challenges the conventional wisdom that AI companies need constant capital injections to compete, proving that even in competitive markets, there's an alternative path.

Listen to the full episode to hear:

  • Why Hamal chose restructuring over raising more capital during the 2022 downturn

  • How SecurityPal achieved cash flow positivity while competitors burned through funding

  • The "Silicon Peaks" vision: building a startup ecosystem in Kathmandu, Nepal

  • Whether AI founders get trapped thinking they need constant VC funding

  • Why "nuanced capital" might be a better long-term strategy than traditional fundraising

Equity will be back Friday, so don’t miss it!

Equity is TechCrunch’s flagship podcast, produced by Theresa Loconsolo, and posts every Wednesday and Friday.

Subscribe to us on Apple Podcasts, Overcast, Spotify and all the casts. You also can follow Equity on X and Threads, at @EquityPod.

Learn more about your ad choices. Visit megaphone.fm/adchoices

  continue reading

978 episodes

Artwork
iconShare
 
Manage episode 501390124 series 1403606
Content provided by TechCrunch, Rebecca Bellan, Kirsten Korosec, Anthony Ha, Max Zeff, and Theresa Loconsolo. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by TechCrunch, Rebecca Bellan, Kirsten Korosec, Anthony Ha, Max Zeff, and Theresa Loconsolo or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

During the SaaS crash of 2022, SecurityPal founder Pukar Hamal was just 14 months from running out of money. Rather than raise another round, he chose to restructure and focus on profitability — and he hasn't raised since his $21M Series A in 2021.

On today's episode of Equity, Hamal chatted with Julie Bort about what he calls "nuanced capital," a strategy focused on achieving cash flow positivity and sustainable growth rather than chasing the next big round. His approach challenges the conventional wisdom that AI companies need constant capital injections to compete, proving that even in competitive markets, there's an alternative path.

Listen to the full episode to hear:

  • Why Hamal chose restructuring over raising more capital during the 2022 downturn

  • How SecurityPal achieved cash flow positivity while competitors burned through funding

  • The "Silicon Peaks" vision: building a startup ecosystem in Kathmandu, Nepal

  • Whether AI founders get trapped thinking they need constant VC funding

  • Why "nuanced capital" might be a better long-term strategy than traditional fundraising

Equity will be back Friday, so don’t miss it!

Equity is TechCrunch’s flagship podcast, produced by Theresa Loconsolo, and posts every Wednesday and Friday.

Subscribe to us on Apple Podcasts, Overcast, Spotify and all the casts. You also can follow Equity on X and Threads, at @EquityPod.

Learn more about your ad choices. Visit megaphone.fm/adchoices

  continue reading

978 episodes

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