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Pitching Your Startup

stripe.com

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Re: Pitching Your Startup

#2
I feel like this only applies to a very specific kind of tech investor demographic.

I'm working on my own idea, and pitching directly to members of the industry that I've chosen to apply programming to. Surely this isn't a rare thing? It seems much less stressful, and given that you are speaking to the very people who are likely to use your software, I feel like it is substantially easier to communicate your value. You're much less subject to the Brownian motion of a two minute speech in a massive candidate pool.

I don't think I've ever come across a guide for startups in such a situation.

Re: Pitching Your Startup

#4
post #3

I wrote much of this (in collaboration with YC partners and alumni for the YC-specific bits), and am happy to answer questions if you have them.

(Slightly off topic) Please add LLC support in Stripe Atlas! It's a much better fit for most businesses and if companies decide to raise money from investors, converting to a C-corp is easy. Not sure if you can answer, but what's taking Stripe so long to add LLC support? LLC support was planned from launch day and it's been 2 years since then.

LLCs also have better privacy than C-corps. No information is in the public domain if everything is done through an agent. For C-corps, name and address of the owners are part of the public domain and can be obtained by anyone by contacting the relevant authorities.

Also looking forward to the "Payouts only" feature in Stripe connect.

Another question : how many members are in the private Atlas community forum?

In the mean time is there something like Stripe Atlas for LLCs?

Re: Pitching Your Startup

#6
post #4
post #3

I wrote much of this (in collaboration with YC partners and alumni for the YC-specific bits), and am happy to answer questions if you have them.

(Slightly off topic) Please add LLC support in Stripe Atlas! It's a much better fit for most businesses and if companies decide to raise money from investors, converting to a C-corp is easy. Not sure if you can answer, but what's taking Stripe so long to add LLC support? LLC support was planned from launch day and it's been 2 years since then. LLCs also have better privacy than C-corps. No information is in the publi…

It's not a full equivalent to Stripe Atlas for LLCs, but you'll find a nice range of "a la carte" options for forming and running LLCs from this registered agent: https://www.northwestregisteredagent.com/

Re: Pitching Your Startup

#7
post #6
post #4

Earlier quoted context omitted.

(Slightly off topic) Please add LLC support in Stripe Atlas! It's a much better fit for most businesses and if companies decide to raise money from investors, converting to a C-corp is easy. Not sure if you can answer, but what's taking Stripe so long to add LLC support? LLC support was planned from launch day and it's been 2 years since then. LLCs also have better privacy than C-corps. No information is in the publi…

It's not a full equivalent to Stripe Atlas for LLCs, but you'll find a nice range of "a la carte" options for forming and running LLCs from this registered agent: https://www.northwestregisteredagent.com/

Love their tag line “we’re just not annoying.”

Re: Pitching Your Startup

#8
post #3

I wrote much of this (in collaboration with YC partners and alumni for the YC-specific bits), and am happy to answer questions if you have them.

Hey Patrick, I have one for ya. What are the biggest mistakes you've seen early, seemingly unimpressive founders (and teams) make during a pitch or through running their company that turned you off - only to discover later that they were able to build impressive businesses? Conversely, what signals do you think you've perhaps over indexed on (positively) in the past that have potentially been "yellow" flags in a founding team you've invested in (or recommended) and led to a failure to thrive? Are there things new startup founders can learn from either scenario?

Re: Pitching Your Startup

#9
I'm interested about this bit:

If you are too early-stage to have functioning software, mockups will at least let you show that you have good design and product sense.

I want to know if this is really the case here. I have a feeling that YC only accept established working prototype, not just mere interactive mockup that look plausible.

Can somebody vouch in a mere mockup application that has been accepted?

Re: Pitching Your Startup

#10
post #5

Pitch deck notes I use with clients: https://github.com/joelparkerhenderson/pitch_deck IMHO the Stripe notes and YC perspectives are especially useful when the pitch deck has a first draft. Founders and teams write the first draft faster (and better) when they use the notes above.

this is great, thanks for posting
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