How To Perfectly Pitch Your Seed Stage Startup With Y Combinator's Michael Seibel

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  • Опубликовано: 4 окт 2023
  • Discover the best ways for a seed-stage startup to pitch to investors and successfully fundraise from Y Combinator’s Michael Seibel.
    Any founder you talk to likely remembers every investor who said no to them.
    Those founders hold a special kind of “not hatred,” says Michael Seibel, Managing Director and Group Partner at Y Combinator, but a special kind of something for those investors and a desire to prove them wrong.
    If you’re a seed-stage startup, Michael shares the best ways for you to present your company to startup investors.
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Комментарии • 65

  • @owenmcallister6948
    @owenmcallister6948 3 месяца назад +57

    Thank you Michael - I just won the London Business School Booster Pitch Nights and your advice was instrumental.

  • @Play-Date-Care
    @Play-Date-Care 7 месяцев назад +113

    Watching this right before I'm about to "design" my pitch deck, lol, saved me lots of time and avoided lots of unnecessary work

    • @MrMehrd
      @MrMehrd 5 месяцев назад

      Yea it is called google magic recommender system algorithm.

    • @anthonyerdenetuguldur5609
      @anthonyerdenetuguldur5609 4 месяца назад +5

      You are lucky, I wish I had this video two years ago.
      No wonder my first startup seed raise failed.
      I am going to use the lessons learned here and the advices I got in the past to perfect my pitch for my next startup.

    • @moh-jx4ls
      @moh-jx4ls 3 месяца назад

      tell me more about ur start up@@anthonyerdenetuguldur5609

    • @ankurkumarsrivastava6958
      @ankurkumarsrivastava6958 Месяц назад

      I am also watching this before creating my pitch deck.

    • @J35Y1
      @J35Y1 Месяц назад

      ​@anthonyerdenetuguldur5609 what start up did you try to pitch? also to YC or another VC?

  • @Leoninhk
    @Leoninhk 7 месяцев назад +45

    you can tell when advise is from someone who's been there, and this is it. great stuff

  • @keithrandrade
    @keithrandrade 2 месяца назад +8

    Been in SaaS sales for reputable pre and post IPO companies and can attest, this is spot on.

  • @okikiayoalogba406
    @okikiayoalogba406 7 месяцев назад +62

    "80% accurate, 100% clear"

  • @MrMehrd
    @MrMehrd 7 месяцев назад +19

    22:52 when you see pick of interest in part of your pitch go with it,stick to it and get them talking.
    Most important part of your this video.

    • @moltenangel
      @moltenangel 2 месяца назад +1

      'Pique' of interest.

  • @Dt-qv1wb
    @Dt-qv1wb 13 дней назад

    Working on my own invention for the first time. Resources and help and finding people to help with the right path is tough. Your precise communication and very descriptive situations will help me and my company greatly. Just doing the pitch deck portion currently. Appreciate your video.

  • @radical187
    @radical187 4 месяца назад +11

    Awesome presentation! Pure gold starting at 7:09 - that's so true!

  • @dkia
    @dkia 3 месяца назад +1

    Michael you're such a G! Love watching you speak

  • @lewissheridan
    @lewissheridan 3 месяца назад +2

    This is literally gold. Thank you

  • @IvanHaiduk
    @IvanHaiduk 7 дней назад

    Thank you Michael for value!

  • @organizer14
    @organizer14 2 месяца назад +2

    Great points, thanks for valuable coaching!

  • @zzzacupuncture3546
    @zzzacupuncture3546 3 месяца назад +1

    Thanks lot for real Experience share. Real start up need working on.

  • @rembautimes8808
    @rembautimes8808 3 месяца назад +1

    Great talk and insights. KISS principles reinforced.

  • @_cocoalabs
    @_cocoalabs 7 месяцев назад +3

    This was fantastic

  • @DrringHealth
    @DrringHealth 3 месяца назад +3

    Thank you, this is pure gold!

    • @Saastr
      @Saastr  3 месяца назад +1

      Glad you enjoyed it!

  • @eliporter3980
    @eliporter3980 3 месяца назад +1

    I'm planning on developing an AI app and this is helpful. I'm working on building an MVP now and I'm planning on attending a pitch even in the next few weeks.

  • @eleken.agency
    @eleken.agency 5 месяцев назад +6

    Haha, the 'just ask' part is hilarious and so true! It's wild how something as simple as asking can open so many doors, not just in pitching but in life in general. Reminds me of that story about Steve Jobs when he was 12 - cold calling Bill Hewlett after finding his number in a phonebook, asking for spare parts for a project. And it worked, of course!
    Now, do I have the guts to do something similar? Of course not 😅

  • @TheAIEpiphany
    @TheAIEpiphany 4 месяца назад +1

    thanks Michael!

  • @stevenfoster9402
    @stevenfoster9402 5 месяцев назад +1

    Gold. This is gold.

  • @Aryan_Divyanshu_000
    @Aryan_Divyanshu_000 7 месяцев назад +2

    Insightful

  • @ralphmaxi2463
    @ralphmaxi2463 7 месяцев назад +4

    Really interesting stuffs

  • @daveb4446
    @daveb4446 7 месяцев назад +10

    Great advice

  • @NjofieWilson
    @NjofieWilson 5 месяцев назад +2

    Insightful and very helpful.

    • @Saastr
      @Saastr  5 месяцев назад

      Glad you think so!

  • @carlomoretti.x
    @carlomoretti.x 5 месяцев назад +2

    AMAZING

  • @streetfashiontv9149
    @streetfashiontv9149 5 месяцев назад

    Good talk

  • @davidsalas-gx9eh
    @davidsalas-gx9eh 2 месяца назад

    Amazing

  • @sashalevochkin
    @sashalevochkin 4 месяца назад +2

    Extremaly helpful. Even though I dont get why quoting reports is bad for market size explanation:)

  • @jonassteinberg3779
    @jonassteinberg3779 10 дней назад

    It's crazy how basically everything he says is just practical advice one learns from being a fairly senior engineer or engineering leader or manager of some type. I'm shocked at how down-to-earth all of the advice is. Basically Michael seems to say that the key to getting funding is just being very clear what problem is being solved and how the product solves it and what the problem intensity level is.

  • @Friday4
    @Friday4 6 месяцев назад +7

    Found some free gold here

  • @VivienEneFoundation-km3yv
    @VivienEneFoundation-km3yv 16 дней назад

    Freaking Gold

  • @saidubundu6392
    @saidubundu6392 3 месяца назад +1

    i just lluv the way he keeps saying f**k you lol

  • @iamiqbal
    @iamiqbal 3 месяца назад +5

    Good insights but i am surprised on the use of F so many times. That’s strictly NO

    • @Mutiny960
      @Mutiny960 6 дней назад

      And THAT is why you will fail at doing a startup. This isn't a pitch where your language has to be monitored. This is insight from a Billionaire startup founder who makes other people into billionaires. You are soooo concerned about his 'naughty language' that you can't even take the knowledge away. You can't do that with angry customers. You have to see what they are really saying and LEARN from the experience. Happy FAILING to you 😁.

  • @therealjayz8036
    @therealjayz8036 7 месяцев назад +7

    Reposting old videos ?

    • @Saastr
      @Saastr  7 месяцев назад +3

      no but we edit and update the live streams from Annual

    • @row_timi
      @row_timi 7 месяцев назад +2

      @@SaastrI couldna sworn I saw the same video posted a few weeks back

    • @agulannajosemaria4490
      @agulannajosemaria4490 7 месяцев назад

      You're not alone@@row_timi

    • @Saastr
      @Saastr  7 месяцев назад +2

      @@row_timinot posted but we did stream it along with another video and they are together on Live tab. we then edit the top ones and put them out. but yeah not different, just edited from Live

  • @johnheaney3349
    @johnheaney3349 5 месяцев назад +4

    Is it normal to drop so many f-bombs during a pitch?

  • @mohitsingha1809
    @mohitsingha1809 5 месяцев назад +2

    Good presentation will save people time on their pitch, only thing is the presenter has used the f word too many times, maybe he needs to learn more English!

  • @henrygagejr.-founderbuildg9199
    @henrygagejr.-founderbuildg9199 12 дней назад +2

    If cursing was < 2%, I could share this with my students. Instead I will recreate a youth friendly version.

    • @nroger01
      @nroger01 8 дней назад +1

      Agreed. I had to think twice about sharing with team

  • @not_serious_bro
    @not_serious_bro 6 месяцев назад +2

    why don’t i like his vibe no idea 🤷‍♂️

  • @nickfleming3719
    @nickfleming3719 3 месяца назад

    This sounds like a massive distraction. I'm not in the business of selling shares to investors, I'm in the business of serving my customers.

    • @StrandedKnight84
      @StrandedKnight84 3 месяца назад +3

      Raising capital is a huge distraction, but sometimes a necessary one.

    • @dukensonguerrier5369
      @dukensonguerrier5369 Месяц назад +1

      This is where delegation becomes useful. Progress can't stop because capital is being raised. Furthermore, your startup isn't just YOU. While you're raising capital your co-founders should be doing whatever is necessary to gain more users/solve users problems.