article thumbnail

Why Early-Stage VCs Should Be Careful About Intros from Bankers

Both Sides of the Table

What price? The only way for a company to be overvalued is if there’s someone willing to pay that price. ” Therefore one goal of Y Combinator appears to be “get the highest price and best terms.” So I stand by my well-read Quora post of why I don’t attend demo days. It’s a Demo Day thing.

Startup 361
article thumbnail

The Importance of Proprietary Deal Flow in Early-Stage VC

Both Sides of the Table

What price? The only way for a company to be overvalued is if there’s someone willing to pay that price. ” Therefore one goal of Y Combinator appears to be “get the highest price and best terms.” So I stand by my well-read Quora post of why I don’t attend demo days. It’s a Demo Day thing.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Give Your Teams Swiss Army Knives

Both Sides of the Table

I call this “arming & aiming&# your sales teams where you need to standardize both the assignment of territories, industries & accounts (aiming) as well as the process of selling, the collateral, the legal agreements & pricing. We moved toward more standardized pricing (e.g. A good demo tells a story.

Sales 296
article thumbnail

Some Reflections on VC Investment Decisions

Both Sides of the Table

Don’t even get me started on Demo Days. You could spent 20 days / year at Demo Days now. I know I can’t be in every deal and I know that the easy part of being a VC is writing the first check in a deal. If an accelerator is writing you they’re also writing 25 other VCs. I don’t.

article thumbnail

The team behind Baidu’s first smart speaker is now using AI to make films

TechCrunch LA

Let AI write the script. “A lot of studios are asking how much we price our engine at, but we are targeting the consumer market. ” Our 9 favorite startups from Y Combinator W19 Demo Day 2. Rct wants to take the experience to the next level by recruiting artificial intelligence for screenwriting. .

Startup 235
article thumbnail

The Audacious Plan to Make Electricity as Easy as WiFi

Both Sides of the Table

It’s true the some VCs have started writing so many checks that they resemble stock pickers but the majority of us still have less than 10 board seats at any time and tend to go pretty deep so the result is that we care deeply about where we commit our time. But it seemed to work. I spent one hour with them.

article thumbnail

Some Thoughts about Selling at Startups

Both Sides of the Table

The idea that the course asks students to write public blog posts is a testament to its more modern teaching style. My list of excuses includes: product, pricing, competition and lack of sales support. When you are ready to hire sales staff I don’t recommend bringing in people who are too experienced.

Startup 319