Gimlet is growing fast. There are four shows on the air, and several others in pre-production. If they want to grow faster, though, they could use some more cash. Matt and Alex head back into the world of venture capital, deciding whether or not to raise another round of financing, this time, much bigger.
Picking up where the last episode left off, at YC's Demo Day, the women of Dating Ring start trying to raise money. At the post-Demo mixer, Emma gets her first (literal) brush with sexism when an investor gropes her and then offers her $50k. Subsequent meetings go better and they manage to raise $400k in angel funds while "riding the wave." Then the tide turns - the investors' questions start getting tougher, and the rejections pile up. The founders begin to wonder - how much of their struggle is due to quality of their product and pitch, and how much is just plain sexism?
Silicon Valley: Runaway Devaluation Season 2, Ep 2
Hooli’s lawsuit scares Laurie off (despite Monica's protests), leaving Pied Piper without funding. Erlich and Richard slink back to the VCs whose offers they had turned down, but all they get is the aftermath of their disturbingly profane "negging" thrown in their faces. Jared provides a twinkle of hope by setting up a meeting with a VC he "bro'd" with on Dinesh's cousin's app, but the team quickly finds themselves victims of a "brain rape." Richard covertly meets with Gavin Belson, who offers to acquire Pied Piper. As Richard is about to respond, they're interrupted by a mariachi band and the episode ends with a hilariously awkward cliffhanger.