4 min
Series B falls apart (David Rabie, Tovala)
Tovala founder David Rabie recounts the moment his Series B fell apart, what it felt like, how the company survived, and how they eventually got funded anyway.
Failed raiseClosing the roundSeries B+
What this teaches
A founder who failed 22 times before building a $2.5B company tells My First Million the full arc, including the fundraising dead-ends, near-bankruptcies, and the raise that finally worked.
Why it matters
Failure-dense founder storytelling with real numbers, in MFM's unusually candid format.
Key lessons
- Serial failure is survivable if you keep your reputation intact
- The winning company often looks like the least fundable one
This video was created by My First Million and features guest founder. We summarize and link with attribution; all rights belong to the creator.
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