I've raised over $150,000,000 as a founder, simply by being a good storyteller.

Here's how to get VC's to throw money at you:
A big mistake founders make is thinking that the purpose of a deck is to get people to invest.

The truth is that whoever is reading your deck is likely distracted/not interested. Your job is to stand out, and make them excited.
Figure out ways to communicate things in very simple ways - it could be through simple language, numbers, clear visualization elements, or being creative in your presentation.
1. Having a good framing of the problem is key. Assume that the investor you're pitching to knows next to nothing about the industry or problem.
Effective framing helps the investor understand the problem and why your solution is important. It also helps them empathize with the user experience
2. Find ways to present yourself as the expert who can solve the problem.

Having a strong resume that sets up your credibility is very important.

The 'team' slide is often the one that interests me the most in setting up a meeting and finding out more
Good investors will invest in founders, not companies.
If you're creating a creator-focused company, it helps if you are an expert, or content creator yourself.

If you are building a deep AI company, maybe you spent years at Google or Nvidia
In the countless decks I've seen, too often there are terrible team slides with names next to random logos/affiliations that have little to no relevance.

Use specific bullet p oints for each person and why they are important and qualified to work on this idea.
3. What's your solution? No, really...what is it?

As someone who is viewing your deck (and thousands of others), I should not have to work very hard to understand your solution.
Don't just include random screenshots of the UI without any context - this is a common theme.

Instead, walk people through user journeys like value propositions.
If you can't sum up your killer app in 1 - 3 bullet points, then it probably doesn't have killer features driving it.

Simplicity is your friend.
User stories are also very compelling. If I had to pitch @Uber, the narrative about the difficulties of hailing a taxi in the city versus the ease of the app -> destination is simple and compelling.

(not sponsored by Uber [yet])
4. Traction

This is important because its the number one signifier that people are interested in your product. Even if they aren't users, it still means they are at least curious.
Ideal metrics to include are the ones that require the least explanation as possible to the investor, and ones which honestly depict relevant growth data.
5. Vision

Pitch the biggest vision that you can for your solution.

'Here's why this is going to change the world.'

This gets investors interested, intrigued, and understanding of the direction you're heading.
I encourage everyone to put something in about what the world looks like in which your idea is successful.

However, your vision slide has to be credible. If you want to topple Apple or Google, your team needs to be credible enough to do it.
End your pitch with your vision once you have enough social currency with the potential investor.

I need to believe what you're saying, which is established through understanding the problem, being shown the solution, and convinced that this is going to work.
Extra notes;

Design is important. Your deck doesn't have to be fancy, but it can't look terrible (trust me, I've seen some pretty horrible ones that are an instant turnoff).

Appearance inspires confidence - avoid looking sloppy!
Check out the full video I made on this topic with @BackseatVC (literally in the backseat) on my YT channel:

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More from @justinkan

14 Oct
Do you suspect that the startup you're working at is a fraud? Do you have to fire your best friend's romantic partner?

I'm starting an anonymous startup advice column for your wildest/insane startups-related stories and questions:
Dear OnlyFriends is a weekly segment where myself, @eshear, @mwseibel, and @nicolefarb give our take on what you should do next as a founder, investor, or at your 9 to 5.
This is our version of r/trueoffmychest, r/AmItheAsshole, and Blind - we'll pick the wildest ones and talk about it on my show, OnlyFriends on YouTube.
Read 4 tweets
20 Sep
Did people treat me differently after I sold @Twitch?

Absolutely.

Here's what $970,000,000 taught me about life, fake friends, and making new ones:
A common intuition about wealth and success is that it inevitably attracts a circle of predatory ‘fake friends’.

After we sold to Amazon in 2014, people saw me in a different way.
Success naturally draws people to you, and they start seeing you differently. Your status represents something to them.

Sometimes it is inspiration, but often it is opportunity.
Read 25 tweets
16 Sep
Founders spend too much time building products and not enough on good habits.

Good habits saved my life:
I spent a majority of my life battling bad habits, including an alcohol addiction for over 20 years.

I didn't know it at the time, but it was slowly killing me.
I had this idea in my head that habits, skills, and attributes developed as a child would remain permanently even through adulthood.

Looking back, this sounds ridiculous
Read 16 tweets
9 Sep
What if I told you that I felt like a failure even after selling Twitch for a billion dollars?

This is for anyone experiencing impostor syndrome:
When you're in a startup, it's easy to feel like everyone else is crushing it while you are drowning.

Comparison is a fundamental part of our human nature and it is also our greatest bane.
This is the consequence of information asymmetry.

You're always seeing examples of the good news; everyone else is only showing the positive stuff.

Meanwhile, you are observing the full range of your own experiences. Some are good, some are bad.
Read 17 tweets
4 Sep
Here's what you need to know (and avoid) when it comes to company growth:

(from a former @ycombinator partner who failed a bunch of companies and sold one for $1 billion)
Inspired by a conversation I had with my friends @mattfong_ , @jamiequint, and @eshear's iconic thread celebrating the 10 year anniversary of @Twitch
1. Don't over-rely on press as your primary distribution strategy.

There are very rare cases of companies that manage to hack the press by forcing reporters to write about them over and over again.
Read 16 tweets
27 Aug
You are sabotaging your own personal and professional growth if you're not finding time to read.

These are the books that changed my life, and what I learned from them:
1. 'The 15 Commitments of Conscious Leadership'

Taught me how to reframe responsibility to take agency, and approac things with an open and curious mindset.

It also allowed me to bring emotional vulnerability to work

(cont.)
The key to agency is learning how to operate at the zone around 100% responsibility

Taking < 100% is a victim-mentality: you are letting things happen to you.

Conversely, taking > 100% is overstepping boundaries and playing the hero role
Read 16 tweets

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