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What I did on my summer vacation: The First LP Close ($3.5mm) of Brooklyn Bridge Ventures

This is going to be BIG.

Back when I was pitching my previous startup to investors, it had never really dawned on me that they had experienced what I was going through--and that a VC firm was essentially a startup. VCs pitch for money, too. No one ever thinks about VCs having to pitch, who they pitch to, or how it works.

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First Round Funding Terms and Founder Vesting

Both Sides of the Table

This is part of my ongoing series “ Pitching a VC “ There’s a great meme developing this morning on the need to simplify funding terms and documents. Tags: Pitching VCs Start-up Advice. That prompted Fred Wilson’s blog post appealing to the industry to make these simplified term sheets standard.

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Getting serious about Series B: 3 documents that will help founders control the narrative

TechCrunch

This is one of the lessons I wish I understood when raising a Series B, so I hope you find this advice helpful when you navigate your larger raises. You want to proactively manage the order in which people access information and focus their attention on a few key documents that they can return to when they fall down a rabbit hole.

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This is the Dumbest Op Ed I’ve Read in a While

Both Sides of the Table

I think his advice is this op-ed is bananas. I have even had to get physical security advice from some of the crazy. So if you want some real-world, non-Wharton advice it’s this: Practice writing great email titles that are compelling and personal and grab the attention from the person with whom you want an answer: “Important!

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Adding Slides Does Not Enhance Your Investor Pitch

Gust

Even if you have an hour booked, the advice is the same. The approach I recommend is to build the investor presentation first, by iterating on the bullets with your team, and then fleshing out the points into a full-blown text-based business plan document. Give the “elevator pitch” for your startup.

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How to Present at Big Meetings without Going Down a Rat Hole

Both Sides of the Table

I’m writing this post as part of my series with Advice on Raising Venture Capital but will file it under Sales Tips as well since it applies equally to both scenarios. I’ve experienced this in many sales meetings I’ve made and unfortunately in many VC pitches I made. Congratulations. Sometimes that works.

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Announcing the YC Startup Library

Y Combinator

The library consolidates the knowledge and advice we’ve previously published and provides a central location for new content. From fundraising document templates , to tips on how to pitch , to strategies for navigating COVID — we hope that our library offers something useful to every founder.

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