VC
0 view | +0 today
Follow
Your new post is loading...
Your new post is loading...
Rescooped by Jean-Marc Patouillaud from Ideas for entrepreneurs
Scoop.it!

How to Convince Investors

How to Convince Investors | VC | Scoop.it

When people hurt themselves lifting heavy things, it's usually because they try to lift with their back. The right way to lift heavy things is to let your legs do the work. Inexperienced founders make the same mistake when trying to convince investors. They try to convince with their pitch. Most would be better off if they let their startup do the work—if they started by understanding why their startup is worth investing in, then simply explained this well to investors.


Via Guillaume Decugis
more...
Guillaume Decugis's curator insight, August 16, 2013 11:51 AM

Rejection is frustrating. Here's an insightful post by Paul Graham on what you can do about it when it comes to being funded by VC's. 

Rescooped by Jean-Marc Patouillaud from Ideas for entrepreneurs
Scoop.it!

Start with deceptively small things (to implement Frighteningly Ambitious Startup Ideas)

Start with deceptively small things (to implement Frighteningly Ambitious Startup Ideas) | VC | Scoop.it

"Let me conclude with some tactical advice. If you want to take on a problem as big as the ones I've discussed, don't make a direct frontal attack on it. Don't say, for example, that you're going to replace email. If you do that you raise too many expectations. Your employees and investors will constantly be asking "are we there yet?" and you'll have an army of haters waiting to see you fail. Just say you're building todo-list software. That sounds harmless. People can notice you've replaced email when it's a fait accompli."


Via Guillaume Decugis
more...
Guillaume Decugis's curator insight, September 11, 2013 10:43 PM

Last year, Paul Graham threw ideas that could be the way for the next Googles and Apples. But what I particularly love is the conclusion piece on tactics that I quoted above.


At Scoop.it, we are absolutely not building a new search engine.

Rescooped by Jean-Marc Patouillaud from Ideas for entrepreneurs
Scoop.it!

(Insanely) great advice by Paul Graham to entrepreneurs: Do Things that Don't Scale

(Insanely) great advice by Paul Graham to entrepreneurs: Do Things that Don't Scale | VC | Scoop.it

One of the most common types of advice we give at Y Combinator is to do things that don't scale.


Via Guillaume Decugis
more...
Guillaume Decugis's curator insight, July 16, 2013 11:24 AM
While this might be counter-intuitive, this is great advice by Y combinator's Paul Graham and in particular an answer to the famous question I always have: "how did you get your first users?"Reminds me of the early days of Scoop.it where Marc, the team and I probably recruited manually our first 1,000 users and the founders were doing support. Something we didn't stop doing by the way even though we've recruited more people to help us now. We also found that Scoop.it grew on a viral loop - as people use Scoop.it, they bring more and more visitors to their Scoop.it pages, some of which decide to sign up and use Scoop.it themselves. But at the beginning we weren't sure of that and we signed up a lot of people ourselves, guided them through the experience, answered their questions and helped them make the most of the very basic version we had.
Benoit Arnaud's comment, July 17, 2013 10:27 PM
The curve looks like your traffc growth!...
Guillaume Decugis's comment, July 18, 2013 2:25 PM
He he - nice catch Benoit ;-)