"When you're a VC, sitting on a board and the company keeps beating it's forecasts, one of the easier things to do is realize you should invest more if you can," Sacks told Insider over email. Afterwards, Sacks texted Salehi back, saying, "Let's do this." That call lasted all of ten minutes, Salehi said. Not long after, Salehi texted again to set up a phone call. It all began with a conversation last month between Salehi and Sacks, where the topic suddenly turned to funding: Sacks proposed that Craft invest in Scratchpad again, Salehi says.Īfter that conversation, Salehi texted Sacks to say that he needed to run the idea of raising again past Karbassiyoon, his cofounder. At the time, Scratchpad wasn't actively seeking more funding, but the idea of having an existing investor on board - plus the "wonderful" deal terms he offered - was enough to change the founders' minds about fundraising again, Salehi said. Notably, Salehi says the lead investment largely came together over a series of three recent text messages between himself and Craft general partner David Sacks. The round brings Scratchpad's total funding to $49 million, and comes after its $13 million Series A last February. The startup on Tuesday announced that it raised a $33 million Series B round led by returning investor Craft Ventures with participation from Accel. Salehi went on to work in hardware operations at Apple, and ultimately founded Scratchpad in 2019 with Cyrus Karbassiyoon. "Having not only a front row seat to it, but being a core of working in the pizza shop, later led me to really get into tech and wanting to create." "We basically started from zero when we came here," Salehi told Insider. He says the time he spent in the shop as a teenager, perfecting pies and "obsessing over all the small details," was formative in teaching him the value of building something from scratch. The son of Iranian immigrants, Salehi's family ran a Domino's Pizza franchise while he was growing up. But he found his way to the tech world by way of a pizza shop. Pouyan Salehi is the CEO and cofounder of Scratchpad, a startup that builds sales software on top of Salesforce's platform.
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