About a year ago, I tore down a pitch deck by Mi Terro, founded by Robert Luo. Guess who’s back with another company? Luo has raised $1.5 million for Tanbii from a Hong Kong family office.
In general, I would be suspicious of a founder raising money for a second startup less than a year after they got funded for another. I’m eager to see how that’s been addressed in the Tanbii deck.
As for Mi Terro? It’s still going: “Mi Terro is doing amazingly well. We gained a lot of great traction and plan to raise another round later this year,” Luo told me in an email.
Of course, this puts me in an exciting situation: I get to look back at what I said could be improved in Mi Terro’s pitch deck (market sizing, traction, and the absence of a c …
