Alex Banks Profile picture
Oct 1, 2022 16 tweets 6 min read Read on X
Elon Musk is the master of pitching.

He's sold spaceships, flamethrowers and electric cars.

And his framework can be applied to any pitch.

10 simple storytelling tips to nail your next pitch:
Name the enemy

Musk immediately says "This is how it is today... it sucks!"

Start by naming the thing that's getting in the way of your customer's happiness.

It doesn't have to be Darth Vader or The Wicked Witch of the West.

Musk makes it fossil fuels.
Agitate the problem

"If we do nothing, this is where we are heading."

Musk shows that we're at a pivotal moment.

If we don't act now, things will get much worse.
Spark intrigue

"I think we should collectively do something about this."

The audience roars with excitement.

Musk shows a small blue square on a map of the US.

It's the surface area of solar panels needed to power the entire US.

Make your audience know where you're heading.
Offer the missing piece of the puzzle

"As most of you are aware, the sun doesn't shine at night."

What needs to be achieved to get to the promised land?

Demonstrate possibility by showing what needs to happen.
Show, don't tell

Musk plays an engaging 1 minute video of the Tesla Powerwall.

If you can't get in front of investors, record a short Loom video.

You get to record your screen and camera whilst giving a clear explanation.

Bring the solution alive and make it personal to them.
Sell benefits, not features

"It gives you safety, security and a complete affordable solution."

Cut in power – no problem
Snow storm – no problem
Live off grid – no problem

Musk tells the audience exactly how the Tesla Powerwall benefits them.

Not listing boring features.
Create urgency

"You can order the Powerwall right now on the Tesla website."

"Take solar panels, combine it with the Tesla Powerwall and never have to worry about electricity lines."

A solution that works wherever you are.
Build trust

Remove uncertainty from your pitch by giving a demo.

The camera cuts to backstage:

"This entire night has been powered by batteries."

Zero reliance on the grid.

If you're an early stage startup, use:

• Demos
• Customer feedback
• Testimonials
Demonstrate the potential

"The whole system is designed for infinite scalability."

"What's needed to transition the world to sustainable energy?"

160 million powerpacks – transition the US
900 million powerpaks – transition the world

"This is within the power of humanity."
Show your long-term vision

Don't pitch to raise money.

Pitch because you have never been more excited about what you could accomplish.

Musk shows that Tesla can't do this alone.

Receiving an investment comes as a byproduct of buying into your long-term vision.
Musk finishes by using the collective first person to inspire hope:

"This is something we must do, can do and will do."

Make them feel part of your journey already.

People don't like giving stuff up.
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More from @thealexbanks

Feb 19
I just fell for one of the best scams I've seen on X.

Here's what you need to know (and how to avoid it): Image
1. The intro

On Thursday last week, I received a message from "Marthe" at TechCrunch offering to do a podcast conversation about AI.

I do a lot of media collaborations, so I thought this could be a nice opportunity.

Her profile looked normal with TechCrunch article reposts. Image
Image
2. The layup

I asked Marthe to get in touch with my head of partnerships to schedule a time.

However, she was insistent on agreeing to something in the DM.

This was when she sent the "Google Calendar" link... Image
Read 10 tweets
May 1, 2024
Google just announced Med-Gemini for medical tasks.

It beats GPT-4 on all benchmarks:
Med-Gemini is a family of Gemini models fine-tuned for medical tasks.

The MedQA-USMLE benchmark is a dataset of USMLE-style multiple-choice questions used to evaluate the medical knowledge and reasoning capabilities of AI systems. Image
Med-Gemini set a new state-of-the-art of 91.1% on this benchmark.

It also outperformed GPT-4 models by an average margin of 44.5% on 7 multimodal benchmarks. Image
Read 7 tweets
Jan 12, 2024
I just launched my course on Understanding Prompt Engineering.

My 10 favourite strategies to get the best results when prompting ChatGPT: Image
1. Clarity

• Include the relevant context to reduce ambiguity.
• Example: “I'm an 8th-grade math teacher preparing to teach trigonometry.”
2. Specificity

• The more specific you are, the closer you get to your desired answer.
• Example: “Design a lesson plan tailored for a 60-minute session with 20 students.”
Read 13 tweets
Jul 29, 2023
The most popular motorsport in the world.

Formula 1.

In 2022, it had a cumulative TV audience of 1.54 billion.

Here's how AI and data are disrupting the sport forever: Image
At the 2022 Canadian Grand Prix, Fernando Alonso was starting P2 on the grid.

This was his best qualifying result in a decade.

Before the race began, he was asked:

"I know you’ve joked about passing Max into turn 1. Is that a realistic possibility?" Image
"It depends on how we do the first 50 meters," Alonso replied.

"In the simulations we have; it’s not realistic. I think P6, P7 even, is our natural position."

How was Alonso able to predict P6 or P7?

The answer lies in the data, specifically, the outcomes of race simulations. Image
Read 11 tweets
Jul 13, 2023
In his essay, "Why AI Will Save the World," Marc Andreessen presents the argument that AI could do more than make our lives better—it could quite conceivably save the world.

Here's why AI has the potential to revolutionise life on Earth: Image
Marc Andreessen is the Co-Founder and general partner of the VC firm a16z.

He refutes fears surrounding AI and presents an action plan for the West to achieve AI dominance.

Andreessen believes AI is just a tool—like fire and rocks—that can be used for good or bad.
Andreessen debunks four key AI concerns:

1. Autonomous killer robots — AI isn't a sentient being, it's a tool with no inherent desires.

2. AI destroying society — historical evidence suggests tech advancements help society, not harm it.
Read 13 tweets
Jul 8, 2023
"There will be no programmers in 5 years."

In March, Emad Mostaque, the Founder & CEO of Stability AI sat down with Peter Diamandis to discuss how AI and humanity will intertwine.

My 10 favourite takeaways:
1/ We have figured out how to make humans scale

You now don’t need as many humans.

"Using GPT-4 is like using a really talented analyst with a bad memory."

When we fix the memory component, this could mean huge disruption or huge abundance.
2/ An AI for everyone

The existing internet has centralised AI that guides our attention and memory.

Everyone will have an AI that outputs audio/video/text relevant to you and your own story.

This is the intelligent internet and the future we have coming.
Read 14 tweets

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