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Rules of Storytelling for Fundraising

116 点作者 domrdy将近 4 年前

6 条评论

neom将近 4 年前
These are excellent points and can be summarized into: Why are you here and how did you get here? Where are you going? How do you plan to get there? - With that in mind, of all of the points they make, the most important one IMO is point #4.<p>Point #4 is so important, and I feel like a lot of people lose because of this one. Sometimes you&#x27;ll say something in the &quot;how do you plan to get there part&quot;, and then you&#x27;ll really want to delve down into why, this smart cool thing you&#x27;ve figured out. You don&#x27;t need to. If they ask why, tell them, if they don&#x27;t, just tell the story. If they ask why, <i>do not</i> get into crazy detail or operations stuff, partly because you&#x27;re probably wrong, partly because to some degree you&#x27;ll be held to it, partly because there is a high chance you&#x27;ll introduce confusion&#x2F;disagreement. I cannot say this enough, do whatever you can to stay out of the weeds, if you&#x27;re pushed, tell them you&#x27;ll email them later with the details, make a note, email them later with the details.
onion2k将近 4 年前
There&#x27;s a good episode of Metrics That Measure Up where Bill Reichert (Garage Technology Ventures) covers this - <a href="https:&#x2F;&#x2F;podcasts.apple.com&#x2F;us&#x2F;podcast&#x2F;metrics-that-measure-up&#x2F;id1525571613?i=1000510362609" rel="nofollow">https:&#x2F;&#x2F;podcasts.apple.com&#x2F;us&#x2F;podcast&#x2F;metrics-that-measure-u...</a>
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RandomWorker将近 4 年前
This gave me lots to think about. Lists like these are a great resource to return to. Besides CEOs product owners could also read this because making any product needs a story, or the sales department also needs stories. Learning more about stories will only help you.
halfmatthalfcat将近 4 年前
I just went through making a deck for my startup and it&#x27;s really hard to not want to say everything on your mind and why your startup is so great.<p>It is a constant process of tweaking copy, redoing graphics, trying to distill your idea into small bite-sized chunks.
lmeyerov将近 4 年前
super astute in pointing out there is the initial decision maker, and then the internal sell: associate-&gt;vc-&gt;partners-&gt;due dil<p>Something this misses, in both cases, much of the initial yes &#x2F; no is often in the first minutes. it hints at it w putting best stuff first, so worth being explicit on that. Ex: &quot;Amazing factoid about us X, like 100K people are using us to shine their shoes 100X faster!&quot;. That makes the rest of the story draw them in further, and should grow that: more excitement + less fear. Otherwise, you&#x27;ve lost them before minute 5, and they will likely only get more agitated &amp; distracted as you go on.
maverick-iceman将近 4 年前
Storytelling is for movies..<p>For maximum conversion fundraising you need a rat inside the VC firm so that you can retroactively put together a startup which ticks all the boxes of whatever thing is on the minds of the decision makers at the VC firm.<p>Any other tactic is being thrown at founders by gurus who either got lucky using said tactic and now think they discovered fire or even worse some mumbo-jumbo.