Morpheus

From A Product Market Fit Show | Startup Podcast for Founders

He fired almost everyone, kept 2 engineers—then grew 12x and raised a $30M Series A. | Rafael Broshi, Co-Founder of Notch

Published
August 3, 2026
Length
52:42
Starts at
15:24

Audio is streamed from the publisher.

Chapters

Read from the show notes

  1. 0:00 Intro
  2. 2:00 The Moment of True Product Market Fit
  3. 10:07 One Enterprise Deal or Ten
  4. 15:24 A Genius Idea Nobody Needed
  5. 24:33 Picking the Right Wave to Ride
  6. 34:37 Down to $2M, Firing Almost Everyone
  7. 41:48 Getting Enterprise to Take Your Call
  8. 48:07 The POCs That Aren't Real POCs

Not from the publisher — times may be approximate.

Show notes

Rafael launched a crypto insurance product in 47 states, backed by a real carrier. Everyone told him it was genius. Nobody needed it. He shut it down with $2M left in the bank, fired almost everyone, and rebuilt with two engineers on $20K a month. Notch just raised $30M. In this episode, Rafael breaks down how a POC he entered through the back door turned into a seven-figure contract, why "isn't everyone doing this?" is the feedback you actually want, and how to tell whether an enterprise deal makes you a real company or just their dev shop. Why You Should Listen Why "that idea is genius" is a warning sign, not a compliment. How entering a POC last still made them the front runner. Why the enterprise deals that scale need zero customization. How to stop hiding your idea and go straight to your dream customers. Keywords startup podcast, startup podcast for founders, product market fit, finding pmf, Notch, Rafael Broshi, AI agents, insurance technology, customer experience automation, regulated industries, enterprise sales, POC strategy, pivoting a startup, on-prem deployment Chapters 00:00:00 Intro 00:02:00 The Moment of True Product Market Fit 00:10:07 One Enterprise Deal or Ten 00:15:24 A Genius Idea Nobody Needed 00:24:33 Picking the Right Wave to Ride 00:34:37 Down to $2M, Firing Almost Everyone 00:41:48 Getting Enterprise to Take Your Call 00:48:07 The POCs That Aren't Real POCs Send me a message to let me know what you think!