Why This Founder Said NO to Easy VC Money


Why This Founder Said NO to Easy VC Money

Matt Gira

July 24th, 2025


This week's deep dive is a fun one for me.

This company was being built while I worked with this guy on a daily basis. We were working on my last startup together and on the side, he worked on this venture.

Ironically, his venture was the successful one.

This deep dive is jampacked. Reply and let me know what you think :)

In 2020, raising money was easier than ever before, and yet, Bryce Kaiser and his wife Lauren did something that was a bit crazy.

They said no to all of it.

While everyone was raising money because it was "free money" during the COVID boom, the HoomHouse founders deliberately chose to stay bootstrapped.

Then on top of that, they walked away from maybe the hottest market in the entire world at the time: telehealth.

And instead they just doubled down on one simple growth strategy.

Three years later it all worked out. They sold the company on their own terms.

In this deep dive I break down with Bryce, his simple approach to building a marketplace business, why saying no to VCs was actually the smartest move they ever made, and the surprisingly simple approach that made their exit possible.


Secret

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This email/section contains affiliate links. I earn a commission if you make a purchase at no extra cost.

There are tons of software tools out there, and all those costs add up fast. One tool that helps simplify things and makes costs a bit more manageable is Secret.

Secret offers software deals for all kinds of founders. It also makes it easier to discover tools you might not have heard of yet, and there could even be some free credits waiting for you to use.

A Secret membership might actually pay for itself depending on which tools you sign up for!


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Matt Gira

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113 Cherry St #92768, Seattle, WA 98104-2205
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