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How To Go From Idea To Series A

in notes and tagged startup and talks

Notes from watching Daniel Gross's How To Go From Idea To Series A

Step 1: Start

The Dark Age: The Idea

  • Instead of ideas, think about problems.
    • Challenge: You tend to focus on what you experience
      • Optimize your anecdotal environment to find interesting ideas
    • Note what ideas keep on coming back
    • Find the frontier.
    • Small ideas are best.
    • Examine your market.
    • Environment is everything.

The Feudal Age: Advancing

  • Product Market Fit (Growth)
    • Polish, polish, polish
    • Talk to your users: personality changes required
    • Metrics are your map to success
      • Revenue
      • Usage
      • Derivative
    • Consistency
    • A system that will propel you to your best self.

Castle Age: 800 Gold Required == Fundraising

  • Stand-out
    • Brand
    • Metrics
    • (Cold) Intro
      • What you do, in a way a stranger would understand.
      • What's different or new about you.
      • Why your market is interesting.
      • Is maximally compressed.
  • The Deck
    • Title slide
    • What you're building
    • What problem this is solving
    • What's new or different about you
    • Why your market is interesting
    • Who you are
  • Push to meet in person
    • A/B test
  • Focus on iteration speed