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It’s a shame because the ability to nail these presentations at key conferences can be once-in-a-lifetime opportunities to influence journalists, business partners, potential employees, customers and VCs. If you demo your product (which is always great) then tell us part of the story while you’re demo’ing.
We feel pressure to hit milestones for a variety of reasons: Investor presentations, conference demos, customer sales meetings, competitive pressures, a need to drive revenue, business development commitments – whatever. There is nothing that will focus the mind more than not wanting to be on stage with a demo that bombs.
Having a good sales methodology can help you ensure your company runs more disciplined campaigns and focuses scarce resources on your best opportunities. You want to be able to demonstrate your product and the best way I call, “A day in the life of …” where you show the demo as though you’re a user with a problem that needs to be solved.
File this under both Startup Adivce and Sales & Marketing Advice. Oh, and Demo charges the startups $18,000. But that you’d like the opportunity to clarify a few points so that they can better understand you for next time. Robert’s article is worth reading. I think Robert’s right. Deal with it gracefully.
You can see Zach James & Rich Raddon who are standing next to a demo table pitching a small, yet-to-be-funded company called MovieClips – now the powerhouse ZEFR. Demo’d to death. We’ve all been demo-day’d to death. Yeah, he was LA, baby! It’s where their passions are, too. See point one!
In my post I noted the bias in his accent comments and also called b t on his statements that Demo Days are great because “the bad companies look good” and that VCs should compete to “pay the highest price & offer the best terms.” They know how much opportunity we afford them. Startup Advice'
Under no circumstances should any of the below content be construed as legal, tax or investment advice from 500 Startups or any of its affiliates. As part of the founding team at Alluva, my thoughts ranged from excitement at the incredible learning opportunity to worry about how challenging 500’s batches were rumored to be.
Demo days at startup accelerators are a pretty big deal around here. Here’s just one example from Y Combinator’s Summer 2013 Demo Day: Positioning itself as the “FedEx of today,” it hopes to provide a logistics framework that goes beyond food and can be used for any type of on-demand order. Omnitron Sensors. Apothecary.
I started in 2007 with a thesis that my primary investment decision would be about the team (70%) and only afterward about the market opportunity (30%). Don’t even get me started on Demo Days. You could spent 20 days / year at Demo Days now. Given how much opportunity is out there, 2-3 good ones a year is doable.
I’m comfortable with introductions and then getting into the demo.&#. I believe in this so much that, despite my post advising you to be prepared for the *norm* in VC, I wrote a post about a company that came in for a presentation and never even got the slides out or presented a demo. Just jump into the demo after intros.
It’s demo day season. This morning marked the kickoff of VC firm 500 Global’s Fall 2022 Demo Day, which saw over a dozen startups give their best pitches to prospective investors — and customers. Both outfits look to back early-stage founders with money and advice in exchange for equity.
The presenter comes out of the meeting proud at having gotten through all 30 slides (and maybe even a demo) with a bunch of smiling faces and nodding heads and no discussion. The advice I gave to my sales execs is the same advice I would give to you: smiling, nodding heads are normally not a great sign.
Give everybody pages of the deck they’re to cover or parts of the demo for which they are to talk. They are also looking for a well-defined market opportunity, evidence of your success to date and ultimately most are looking for a large addressable market as this is the only way a VC drives returns. Demo could go here].
I refuse to go to demo days. Not just TechStars but any demo day, really. So I promised the guys that I would come and hang out with companies well before their demo days. I don’t try to optimize for who might be a great investment opportunity or somebody that I really “should know.” We’ll see.
You’ll hear from iconic founders, unicorn makers, boundary-benders — all of it served up with a gigantic side of DIY tips, actionable advice, encouragement and inspiration. And, because Disrupt is highly interactive, you’ll have plenty of opportunity to engage, ask questions and receive answers.
We help co-lead the execution of Startup Aotearoa, a one-to-one program for first-time entrepreneurs to get coaching and advice from a startup advisor or mentor as they navigate the first time they’ve gone through the journey. So we’ve also eliminated these high-end production demo days, the big events.
On any given day I could have been really pressed for time and asked to get straight to the presentation – you can never predict how the meeting will go so you must be prepared to show a deck, do a demo or just have a conversation. Tags: Pitching VCs Start-up Advice. This meeting was a 10/10 for me. is important.
First Data Engineer at YC : YC Continuity is hiring our first Data Engineer to help us identify promising investment opportunities using data. Research Associate : YC Continuity is seeking a Research Associate to evaluate investment opportunities, lead market research, and help our portfolio companies grow. Learn more.
This is an exciting opportunity to work side by side with our legal and finance teams on all aspects of the onboarding and diligence process for our portfolio companies. Learn more. Product Engineer – Y Combinator : Join a small-but-mighty software team that builds the OS that runs all of YC. Learn more.
Some of the greatest areas of innovation opportunity are at the intersection of sectors historically segregated , e.g., computational biology. Participants have the opportunity to receive prizes reaching $40,000. The pitch takes 90 seconds and participants have the opportunity to win prizes totaling $10,000.
We believe that the structural industry changes will continue to create big opportunities for technology firms that enable the changes in media consumption for television, radio, inbound calls, online & social media. The global advertising market is estimated at around $475 billion / year with only 12% of this online and measurable.
Even if you have an hour booked, the advice is the same. Opportunity sizing. Offer to do a demo later, but don’t try to squeeze it in the presentation. A perfect round number is ten slides, with the right content, that can be covered in ten minutes. Describe your technology patents and “secret sauce”.
DoorDash is the first company that I’ve had the opportunity to follow all the way from YC application to IPO, so to celebrate I thought it would be fun and interesting to share what a great company like DoorDash looks like at the earliest stages. They wisely ignored that bit of advice. That was followed by Demo Day in late August.
Data Engineer : YC Continuity is hiring our first Data Engineer to help us identify promising investment opportunities using data. Research Associate : YC Continuity is seeking a Research Associate to evaluate investment opportunities, lead market research, and help our portfolio companies grow. Learn more. Learn more.
The MEDDICC Sales Framework To share what we’ve learned from the fintech founders and operators we’ve spoken to about this topic, we have collated their advice under an overarching sales framework known as MEDDICC. Taken as a whole, FIs are at an especially receptive time for greater software adoption.
Oussama transfers funds to his personal holding companies and tells us after the fact, saying that it’s the only way to take advantage of investment opportunities in question,” Zagury wrote in her blog post. They teamed up to build a different kind of startup accelerator without any batch or demo day.
You’ll cover more ground and discover more opportunities with your whole team at your side. They’ll have plenty of insight and advice to share, including the challenges that startup founders will face as they break into the transportation arena. Schedule virtual product demos, pitch investors or recruit new talent.
The advice was one of 10 bullet points in a memo meant to help companies navigate the economic downturn crushing tech. The email was a vibe shift from just a few weeks prior, when hundreds of Y Combinator startups — many of which already raised venture funding — presented themselves to the public on Demo Day.
“It’s so easy to throw together a vertical AI demo,” Winfield told TechCrunch. If they can baseline their advice and real technical guidance, that’s where it starts getting really interesting and [Winfield] has a big opportunity.”
Preqin (free demo). Grey House (free demo). The Institute for Corporate Directors in Canada helps its members “ perform their director role effectively and make an appropriate contribution in the boardroom (…) [by offering] professional development programs that provide value-added director education and learning opportunities.”.
Our 11 favorite companies from Y Combinator’s S20 Demo Day: Part 1. Banks and other credit card companies are still not addressing this opportunity. Our 12 favorite startups from Y Combinator’s S20 Demo Day: Part 2. Y Combinator President Geoff Ralston shares actionable advice for startup founders.
Now, that will include menopause, as well — a life stage that will impact nearly half the world’s population at some point, but where opportunities there are few online communities where women can connect and learn. Unfortunately for Peanut, not all investors see the opportunity in addressing the needs of menopausal women.
As you’re maturing, you’ll need the broader reach that PR and ongoing strategic advice provides. We like to keep engagements as flexible as possible because startups are always discovering new marketing opportunities or customer needs. Highlights from Berkeley SkyDeck’s virtual demo day.
80–90% of startups shouldn’t follow the advice I’m about to give. An engineer and designer from the company work with him to build a demo. Why Some Smart Startups Are Putting (Paid) Projects Ahead of Employment Offers. Being at least A- in those areas will put you way ahead of most of your competition.
Because it takes “about 15 touches for a prospect to want to see a demo,” Tong authored a TC+ guide for CEOs who need guidance around hiring and incentivizing SDR teams. “Pipeline generation at early-stage companies is expensive and time consuming, often more so than the sales process itself. .
a unique and free PLG product, RevSetter Pulse, for Customer Success Managers, Account Managers and other customer-facing roles, designed to help them manage their top customers, find more opportunities and reduce manual work. I am excited to share our conversation and the many insights Haydar provided. Thank you so much for joining us!
She also explains the importance of her family, her new book, the Dell Women’s Entrepreneurship Network, and her advice to entrepreneurs both young and old. Just being able to demo her product at these cafeterias and seeing people excited about her work means a lot, she says. Advice for young (and older) entrepreneurs.
Here’s why it’s important: When Clubhouse first rose to fame, investors and founders alike were abuzz with energy around the opportunity for innovation in the consumer social space. Amazing advice for anyone who is a student or just … new. Eduardo Saverin’s B Capital raised $2.1 Billion, reports Bloomberg. Book your pass ASAP!
The companies collectively raised over 7M dollars at Demo Day, and now have the funding and support to build their startup right out of school vs. working desk jobs at big companies. We have a group chat with our partners where we can get quick advice, and YC’s office hours framework makes it easy to find time to dive deep when we need it.
A live demo of the product is essential. Peska saw the StockTrim presentation as a great opportunity to compare and contrast his existing spreadsheet versus StockTrim. “Boil the concept down into the smallest number of slides to generate a Tell Me More scenario,” Sutton says.
Increased data collection: Online events offer greater opportunities for data collection , including attendee demographics, behavior, and preferences. Exhibitor booths are multipurpose in Hopin: our customers use them for engaging attendees through live demos, watching videos, reading posters, generating leads, and more.
KSGC selects 60 promising startup teams from across the world every year and gives an all-expenses-paid mentorship/networking opportunity in South Korea. The top 10 teams got monetary awards worth $10,000 to $120,000 on the demo day of KSGC 2021. From 2016 to 2022 In its inception year itself, KSGC received an overwhelming response.
As The TechCrunch team sat through hundreds of startup pitches during YC’s biannual Demo Day, the backdrop of change was certainly noted. It’s a conversation that bubbles up around Demo Day time and time again, but given the downturn, some expected to see valuations that they think are more realistic for businesses only a few months old.
This includes marketing the investment opportunity on social media, websites, television, radio, or any other public channel. The bottom line is that you cannot market the opportunity directly to people you don’t know without triggering 506(c). So the key points are: Do not market specific opportunities broadly.
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