Our focus in today’s episode is listening to what investors are actually saying. Wil and Elliot discuss the direct and indirect ways investors say ‘No’, the passive-aggressive questions, when founders become annoying, and how investors should behave.
Show Notes
Our focus in today’s episode is listening to what investors are actually saying. Wil and Elliot discuss the direct and indirect ways investors say ‘No’, the passive-aggressive questions, when founders become annoying, and how investors should behave.
Listen in to learn how to translate what your investor is saying!
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What to Focus on to Get a Hit
- [00:00:40] Why founders can't understand their investors?
- [00:02:24] The NO's that sound 'Yes'
- [00:06:18] Venture Community vs Angel Investors
- [00:07:11] From an analyst to a partner
- [00:09:38] Is it a yes or a no?
- [00:10:35] Understanding the user pipeline and deal flow
- [00:12:27] What happens when you press on investors
- [00:15:45] When investors are interested, they'll blow you up
- [00:17:55] Time kills deals
- [00:19:34] If it's not a resounding Yes, it's probably a No
- [00:22:04] The tendency to annoy investors when you can't take the hint
- [00:25:12] Show investors a drastic demand in the product
- [00:28:08] How should investors behave?
- [00:34:28] Always make a statement in a question
- [00:36:47] Education on a fairly complicated space
- [00:38:20] The passive-aggressive questions
- [00:42:00] Investors saying 'maybe'
- [00:45:10] Investors should be definitive in saying 'No'
What is Startup Therapy?
The "No BS" version of how startups are really built, taught by actual startup Founders who have lived through all of it. Hosts Wil Schroter and Ryan Rutan talk candidly about the intense struggles Founders face both personally and professionally as they try to turn their idea into something that will change the world.