Naval Named Runway

Siqi Chen shares how Naval Ravikant named his company Runway and invested in it.

"When Clubhouse only had one room in April 2020, it was in the Naval app. When I was thinking about what I wanted to do for my next company, I said I wanted to do a finance company and I had a great name for it: 'Naval CFO dot ai.'

Naval said, 'No, don't call it AI. It's going to be dated in like two years. Everything's going to call it AI. You should just call it Runway and you should get the .com.'

And he wrote the first check into Runway, and that's why we got the .com."