Knock CEO Demetri Themelis and Madrona’s Scott Jacobson on delaying VC, $20M Series B, and Series A led by Madrona

Madrona’s Scott Jacobson and Knock CEO Demetri Themelis discuss Knock’s fundraising choices, including waiting to take venture capital until after achieving product–market fit and Madrona leading their 2019 Series A. They also cover Knock’s $20 million Series B in early 2021, how plans shifted during 2020, and advice for founders on evaluating term sheets and investors.