E6 Karan Dalal: Rejecting $2M At 18, Dropping Out, And The Worst VC Advice Ever

Omar Waseem (@omarwasm) and Vishal Kolar (@vishalkolr) sit down with Karan Dalal (@karansdalal) to discuss raising $1.6M, receiving resumes at cafes, recruiting top talent from colleges, dropping out after 1 semester, and more... Links: · Karan's Twitter · Otto · The Dock Show Notes: 0:00 - Intro 1:38 - Otto Merch 3:10 - Attending UC Berkeley  6:00 - Standing Out In The Recruiting Process 11:30 - Benefits Of Networking In College 13:20 - How Karan And Omar Met 17:10 - Evolution Of Otto Product 21:15 - Taking Investor Money 24:30 - Turning Down $2M 28:10 - Renting Startup House In SF 33:50 - Why Pets.com Failed 37:10 - Flying To Every Otto Pet Shelter 41:30 - Balancing Startup With Social Life 45:30 - Otto Marketing Plans 48:30 - First Startup In College