Earlier this year, Lucra Sports, an eSports startup, successfully raised $20 million in funding. The achievement was notable because it occurred during a period when venture capitalists were heavily focused on artificial intelligence deals, creating a challenging environment for other sectors.
The company's founder and CEO, Dylan Robbins, was credited with executing a specific strategy described as a "pitch trick" to secure the capital. According to reports, Robbins did something that no one else has ever done, which played a crucial role in the fundraising success.
Following the transaction, Robbins shared several secrets detailing how he managed to navigate the investment landscape. The insights provided a look into the methods used to attract $20 million when VCs only wanted AI investments.
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