Interesting test I ran last month:
I tested 2 pitch “mic drop” moments.
Mic drop A was at about slide 11, after developing more of the story.
Mic drop B was at about slide 6.
B outperformed A by 2x the callback conversion.
Andy Rosic
@arosic
Startup pitching, Product strategy, Founder, Footy Coach, Gamer, Drummer, Foodie. 3 Kids stuck in perpetual Beta.
Andy Rosic’s Tweets
🤘 Startup pro tip:
😎 You can launch your startup before you have a product to sell.
✚ Bonus:
But you can't pitch for funding until you know how to sell your product!
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Seeing a big trend >> Many startup pitches today have deep analysis of competitive landscape, industry size, but don't have a clear view on how the product actually works. Or who it's for.
decks ain’t dollars.
Gm.
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💀: Assumes info in a powerpoint will get people to write checks
😎: Knows this is about emotional engagement and relationship - and pitching is just the first step
I've been guilty 🙋🏻♂️
Most startup founders have more domain names than customers
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There’s likely a corollary here: the more you know exactly who you are, the better you are at what you chose to do.
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When you're really good at what you do, you get the freedom to be exactly who you are.
If you don’t have
- Product fit
- Real customers
- Ability to find more
Then a big-name investor meeting won't save you
It feels like 90% of fundraising is resisting the feedback porn and focusing on knowing the business, growing the business, and telling a great story instead.
🤘 Startup pro tip:
😎 You can launch your startup before you have a product to sell.
✚ Bonus:
But you can't pitch for funding until you know how to sell your product!
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The smartest founders answer the simple questions best
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The better the investor, the simpler the questions. When I started, I was obsessed with jargon, complex questions and spreadsheets. Now I ask things like “what does it do?”, “why do people buy it?”, and “why are you selling?”. And I never do more math than I can fit on a napkin.
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Side quests for sure
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Is life more about the main quest or all the side quests?
Current “AI” is pretty crap.
Fast, far-reaching, somewhat intriguing, and something to stay up on. But it’s barely “fart app” level still.
h/t
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The FAA this morning:
GIF
read image description
ALT
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“Perception is strong and sight weak. In strategy it is important to see distant things as if they were close and to take a distanced view of close things”
—Miyamoto Musashi ⚔️
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How to make million$ playing video games:
-Grow up with tax shelter expert Stanford Law prof Dad, playing games
-Go to MIT, play games
-Use MIT connections to form insane corp, play games
-Raise ludicrous investment, while playing games
-Use game hack to swipe $$ before reset
First round of the State Tournament will be on Tuesday against Bishop Blanchet at 6:00 PM at McKenzie Stadium. Come out and support the girls!
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"Doing it all" is not a product strategy. Neither is "our product is for everyone".
If you try and satisfy everyone, you end up delighting no one.
What is your current product strategy?
* Differentiation
* Quality
* Cost
* Focus
I talk with a lot of product people, founders, and teams who try and tell me (in a roundabout way) that their product is unique and solves two, three, or even all four of these.
💀
Get it, Emz! ⚽️🥅
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Varsity won 4-0 against Battle Ground tonight. Goals (assists):
-Lauryn Krith (Lauren Adams)
-Lauryn Krith (Mya Nguyen)
-Emilia Rosic (Marisol Armenta)
-Lauryn Krith (Audrey Dizon)
Ani Qualls and Isabel Steinborn with a shutout.
JV lost
If you are looking for money ask for advice, if you are looking for advice ask for money.
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You can’t spell crypto without cry
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How a striker finishes at the goal.
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BAYC lawsuit pending?
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This variety of orchids (Dracula Simia) look amazingly like little baby monkeys. They are indigenous to Southeastern Ecuador.
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"Our portable bonfire pit worked perfectly for a backyard custom s’more station at a birthday bash. Thanks !" - A
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One thing I dislike about Twitter is that so many people think they have to be snarky and clever to make a counter argument.
Why can’t we just say that’s an invalid statement?
Like when someone says getting a student loan forgiven is bad.
No, you’re wrong. Move on.
This is why physical media is important. Streaming is the death of cinema... twitter.com/FilmstoFilms_/
This Tweet is unavailable.
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Some high % of product management is realizing that one problem is in fact multiple problems.
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I know some of you are itching to share your wallet bedtime 'scary' stories or suggestions on cold storage and alternate tools. So hit reply. 🤘
9/9 end 🧵
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I believe fully in the blockchain and web3, but if you're a half-sane individual then use your wallet properly: put enough money in to make your transaction, and then move your purchase out!
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As someone who helped design and build the earliest mobile point of sale tools, who's built upon Fortune 25 ecom platforms, who's managed tens of millions of customers' loyalty and shopping information... the web3 wallet is a nightmare.
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But here we are in web3. People are continuously shocked when thousands or millions of dollars worth of crypto and NFTs are stolen from someone's wallet. And yet that person left everything they own in one 'wallet' with one-click access confirmation.
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In web2 I would never use my E-Trade portfolio to login to a random site I found where I may or may not buy a Jpeg. I would never grant access to my savings account across dozens of websites, just so that I might be able to purchase something with my checking debit card.
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In web2 when you buy something from a website you are able to enter a credit card once, have it not remembered, and move on securely. Even when you do allow an ecom site to remember it, it is just ONE card that also includes fraud and theft protections for you.
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There's never been a "wallet" in history that held (potentially) your entire life savings, your investment portfolio, AND served as the gateway to connect into hundreds of dApps ('decentralized' Apps, aka just any blockchain application) for utility, services, and access.
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In crypto / web3 your wallet is NOT 👏 A 👏 WALLET 👏
And this is the fundamental problem why web3 struggles to grow beyond degens, flippers, traders, and hackers.
A 🧵 👇 1/9
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PM in SF: Product Manager
PM in LA: Production Manager
PM in NYC: Portfolio Manager
PM in DC: Program Manager
PM in Miami: Property Manager
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