How 2 Students raised $100k in 1 Week with crapy MVP
Founders Podcast profile of Cosimo and Omar (Mindstash/MindStars) — two students who built a crude MVP and closed ~£100k in one week:
- [fundraising] Raised ~£100,000 (UK) in one week primarily via angel investors after hustling dozens of pitches
- [product] Building Mindstash (also referred to as MindStars) — a curiosity-first knowledge-capture/second-brain app intended to integrate scattered sparks of interest (screenshots, tabs, voice notes)
- [timeline] First throwaway MVP: one day; more complete web MVP after ~3–3.5 weeks of focused coding; beta launch to co-creators shortly after
Cosimo and Omar (students with neuroscience/AI backgrounds) describe building Mindstash/MindStars — a tool focused on capturing and acting on transient sparks of curiosity that currently get lost in screenshots, tabs and fragmented notes. They shipped a deliberately scrappy MVP (one-day prototype, then a more usable web version after ~3–3.5 weeks) to validate the problem and product flows, distributed it to ~100 people for structured testing, and followed up with hundreds of interviews. Their research framed the product against the broader personal knowledge market (Notion, Obsidian) and convinced them there is willingness to pay for tools that reduce cognitive friction and increase follow-through on ideas.
Fundraising was tactical and volume-driven: dozens of VC and angel meetings, lots of one-on-one follow-ups, and a heavy emphasis on authenticity in pitches (less polished sales language, more mission-driven narrative). Much of the early capital came from angels; the founders credit persistent outreach and learning from each pitch rather than a single lucky meeting. Traction metrics they cite: >1,000 people on the waitlist/movement, an inaugural Curiosity Salon event, and a co-creator beta cohort (access currently free). Their commercial strategy is intentionally experimental: no immediate charging, cohort-based co-creator relationships, and planned segmented pricing tests. Operational risks and constraints are explicit — heavy founder burn (90–100 hour weeks), competition in the note-taking/PKM space, and the need to convert enthusiastic early users into paying, high-LTV segments. Their go-to-market mix prioritises community, micro-influencers, and real-world events to build evangelists rather than relying on ad spend.