Founders in Motion with Thea Ngo

← Founders in Motion with Thea Ngo25 jun · 27 min

Battery Storage Founder: 8 Months of Rejection, One Term Sheet He Refused | Rakhesh Martyn, Hachiko Energy

Battery Storage Founder: 8 Months of Rejection, One Term Sheet He Refused | Rakhesh Martyn, Hachiko Energy25 jun27 min

<p>Eight months of pitching, nothing to show for it, then the first term sheet finally arrives, and his own lawyer tells him not to sign. So he walks away from the only offer he has.</p><p><br></p><p>Rakhesh Martyn is the founder of Hachiko, a software platform that maximises returns from portfolios of stationary batteries. Before Australia he was a chartered engineer in London who got made redundant after Brexit and went back to washing dishes to get by. We talk about rebuilding from zero, why people buy you and not your skills, and the 16-day sprint that finally closed his round.</p><p><br></p><p>For: solo founders, energy and climate operators, anyone grinding through a brutal raise.</p><p><br></p><p>If this episode helped you, leave a review on Apple Podcasts or follow on Spotify. It takes 30 seconds and it&#39;s how the next founder finds us.</p><p><br></p><p><strong>FOLLOW US</strong></p><p>https://www.youtube.com/@FoundersInMotion</p><p>https://www.instagram.com/thea.yaps/</p><p>https://www.tiktok.com/@foundersinmotion</p><p>https://www.linkedin.com/in/theango/</p><p><br></p><p><strong>ABOUT FOUNDERS IN MOTION</strong></p><p>The founder podcast that catches them before they&#39;re famous, when the pivot might not work and the real story is still being written.</p><p><br></p><p>Hosted by Thea Ngo, a Wharton grad, venture capital investor, and (your new favorite?) interrogator behind Founders in Motion. New episodes every Thursday.</p><p><br></p><p>📄 Full episode transcript + query the show notes → https://foundersinmotion.tech/episodes/31-rakhesh-martyn/</p>