@paulg This seems like a circular argument - unclear pitches fail because investors don't like them because they know unclear pitches fail?
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@cperciva Unclear pitches fail with any audience (except a mob led by a demagogue). -
@paulg Fair enough. I imagine unicorn+VCs approximates demagogue+mob, but that's clearly not the case you're talking about here. -
@cperciva Investors do start to exhibit moblike behavior when a startup is "hot," yes.
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@paulg otoh there is a non-zero amount of co's with "failed" pitches that went on to create lots of value -
@markwallace True, but not necessarily because they were unclear; often investors understand the idea but dislike it. -
@paulg good point. Agree, clarity of expression is a prereq to success. A friend put it thus: you can't build it if you can't write it down. -
@markwallace In software, building it consists of writing it down. -
@paulg mostly agree. Building with zero planning is limiting. As is slavish devotion to a plan. Symbiosis best.
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@paulg there are behind the scenes people and there are in front of the camera people. A pitch is really made for the latter.Thanks. Twitter will use this to make your timeline better. UndoUndo
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@paulg hard lesson to learn at seed, but pitch clarity def seems to predict success (indicative of founder focus and fit).Thanks. Twitter will use this to make your timeline better. UndoUndo
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@paulg you don't think it's too much to say that a failed pitch foreshadows a failed startup? Shark tank pitches aren't always amazing...Thanks. Twitter will use this to make your timeline better. UndoUndo
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@paulg When I failed in a VC pitch, I understood that I'm not good at it, and focused on gaining clients. We got from 3 to 30... fail = gr8!Thanks. Twitter will use this to make your timeline better. UndoUndo
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@paulg bluffing with fancy buzzwords only works for corporate cultureThanks. Twitter will use this to make your timeline better. UndoUndo
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@paulg Well said. A great pitch must demonstrate some level of mastery of the concept in a clear and consice manner.Thanks. Twitter will use this to make your timeline better. UndoUndo
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@paulg I have my kids watch shark tank for this reason.Thanks. Twitter will use this to make your timeline better. UndoUndo
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