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Ep 36 - She Had Her Idea Stolen at 19 - And Came Back to Raise VC With Zero Network. Here's How Lamees Butt Did It.

Dela

Lamees Butt had her first business idea stolen by a VC at 19. She spent the next decade learning everything (corporate, startups, AI) waiting for her moment.


Now she’s the founder of Riser, the app rethinking how people find jobs - and she raised most of her pre-seed with no network, no warm intros, and no family money behind her.


We get into the real talk on female founders and VC funding, why your product is no longer your moat, and what it actually takes to build when the odds are stacked against you.


WE COVER

  • How she built her first company at 19 — and had the idea stolen by a VC
  • Why your product is no longer your moat — and what is
  • How she raised 80% of her pre-seed through personal brand alone
  • The truth about VC funding for women — is it actually changing?
  • How to find your founding team when you're starting from zero
  • Why hustle culture is killing your best ideas


CHAPTERS

1:06 – Intro + welcome

2:30 – What she knows now that she wishes she'd known earlier

9:00 – Growing up in East London and building her first company at 19

16:10 – Getting her idea stolen — and what happened next

22:00 – From receptionist to Mercedes-Benz head office

27:30 – Joining an AI startup as employee two

31:30 – Why hustle culture kills creativity

33:00 – Where her confidence really came from

37:30 – How to raise VC funding with no network

41:00 – Is the 2% funding stat actually changing?

46:00 – The hardest moments building Riser

49:00 – How she found her founding team

53:00 – One thing to take away


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