
Building an early-stage startup isn’t just about the technology — it’s about earning trust before the proof exists. In this episode of Fund/Build/Scale, I’m joined by Jeff Smith, CEO and co-founder of 2nd Set AI, a startup building generative image and video tools for media, entertainment, and sports organizations. Jeff is a repeat founder navigating a familiar but uncomfortable phase: selling complex, unproven AI into large enterprise organizations that are curious about generative technology — and deeply wary of it at the same time. We talk about why his team pivoted away from an early market that wasn’t ready, how they earned investor trust without product-market fit, and what it actually takes to sell AI into organizations where legal, brand, and compliance concerns can stop a deal cold. This conversation isn’t about overnight success. It’s about iteration discipline, founder-investor trust, and the realities of selling emerging technology to skeptical enterprise buyers. RUNTIME 31:28 EPISODE BREAKDOWN (2:10) What is 2nd Set AI? (2:53) How/why the company pivoted from fashion to entertainment (8:34) How 2nd Set AI landed its first paid engagement (12:15) Effective product education helps overcome sales objections (16:45) Founders beware: enterprise AI adoption gets bogged down by compliance issues (19:25) “I’m not sure I believe in a lot of moats right now.” (25:47) How Jeff measures progress toward PMF LINKS Jeff Smith Saurav Pandit 2nd Set AI 2nd Set AI Launches to Help Entertainment, Media and Sports Enterprises Create and Deliver Generative Images and Video for Global Audiences - While Protecting IP and Elevating Brands, 8/13/2025 SUBSCRIBE 📥 Get the Fund/Build/Scale newsletter on Beehiiv: https://fundbuildscale.beehiiv.com/ 📸 Follow Fund/Build/Scale on Instagram: https://www.instagram.com/fundbuildscale/ 📺 Watch Fund/Build/Scale on YouTube: https://www.youtube.com/channel/UCFFH4cs2B1BKatPGs8SFRJw Thanks for listening! – Walter.
Podzilla Summary coming soon
Sign up to get notified when the full AI-powered summary is ready.
Free forever for up to 3 podcasts. No credit card required.

Before There Is Proof: Build a Startup Story That Shows You Can Execute

How to Hire Your First Offshore Team Without Screwing It Up

How Technical Founders Win the First 5 Minutes With Investors

Don’t Wait for the IPO: How Tech Employees Actually Get Liquid
Free AI-powered recaps of Fund/Build/Scale and your other favorite podcasts, delivered to your inbox.
Free forever for up to 3 podcasts. No credit card required.